Kumpulan Jetson dips 1.45% after RM919.32m contract rescinded
KUALA LUMPUR (July 5): Shares of Kumpulan Jetson Bhd fell 1.
Beyond co-working space
MAINLAND Chinese coworking space provider UrWork has partnered Collective Campus, a start-up accelerator based in Australia and Singapore, to set up a 6,889 sq ft co-working space at JTC LaunchPad @ one-north, which was officially launched on June 23.
Battersea Power Station’s commercial tenants to start operations this summer
PETALING JAYA (July 4): The Battersea Power Station redevelopment project will see its first commercial tenants open for business in the summer of 2017.
Kumpulan Jetson's RM919 mil building subcontract gets rescinded
KUALA LUMPUR (July 4): Kumpulan Jetson Bhd has received a letter from MCC Overseas (M) Sdn Bhd wherein the latter purported to unilaterally rescind the award of a RM919.
Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects
SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).
Ascott REIT to divest 2 China properties for S$198 mil
SINGAPORE (July 4): Ascott Residence Trust has entered into two conditional agreements to divest its interests in two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – for a total consideration of RMB980 million (S$198.
Eversendai down 7% on possible profit-taking
KUALA LUMPUR (July 4): Eversendai Corp Bhd fell as much as 6.
Sunsuria introduces one-stop concierge service
PETALING JAYA (July 3): Sunsuria Bhd has rolled out Sunsuria Concierge, a one-stop concierge service for its customers.
Still a market for luxury homes over RM10 mil
Malaysia has seen eight transactions on the secondary market for landed residential properties over RM10 million in 2016.
