UEM Sunrise’s land sale to improve net gearing
KUALA LUMPUR (Nov 1): The net gearing of UEM Sunrise Bhd is expected to improve to 0.
KUALA LUMPUR (Nov 1): The net gearing of UEM Sunrise Bhd is expected to improve to 0.
KUALA LUMPUR (Nov 1): Property developer LBS Bina Group Bhd has proposed to split its shares on a one-to-two basis, followed by a bonus issuance on the basis of one bonus share for every 10 split shares held.
KUALA LUMPUR (Nov 1): Tycoon Tan Sri Lim Kang Hoo has suffered a setback with his plan to merge Iskandar Waterfront Holdings Sdn Bhd (IWH) with its 38.
KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.
KUALA LUMPUR (Oct 31): Eastern & Oriental Bhd’s (E&O) newly-completed upmarket residential project, The Mews Serviced Residence at Jalan Yap Kwan Seng, is more than 75% sold despite the prevailing weak sentiment in the property market.
KUALA LUMPUR (Oct 31): The Urban Wellbeing, Housing and Local Government Ministry (KPKT) has established a special committee to investigate affordable housing scams, which has cost homebuyers to lose RM6.
KUALA LUMPUR (Oct 31): EcoFirst Consolidated Bhd’s first quarter ended Aug 31, 2017 (1QFY18) saw net profit risen 170.
KUALA LUMPUR (Oct 31): Vizione Holdings Bhd has bagged a RM401 million contract to build four blocks of office suites in Jalan Sunway Semenyih, Ulu Langat, Selangor.
Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.