IGB REIT's 2Q NPI up 1.6% y-o-y on higher rental income
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
Glomac plans 1-for-10 bonus issue
KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.
Strong interest for Sunway Subang industrial project
PETALING JAYA (Aug 2): Sunway Property has received more than a thousand registrants expressing their interest for its upcoming launch of an industrial development called Sunway Subang in Kampung Melayu Subang.
MACC investigators visit FIC again
KUALA LUMPUR (Aug 2): A team of investigators from the Malaysian Anti-Corruption Commission (MACC) was seen at Menara Felda again today.
Analysts positive on Sime Darby's Seriamas stake disposal
KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.
Sunway snaps up land in Subang Jaya, Kajang for RM231 mil
KUALA LUMPUR (Aug2): Conglomerate Sunway Bhd has announced the acquisition of two freehold plots — a 14.
Building a S$16 mil gem on Singapore’s Emerald Hill
THE conservation area of Emerald Hill Road, located off Orchard Road and Cairnhill Road in prime District 9, has just 150 terraced houses.
Two units at Astrid Meadows in Singapore sold at a profit of more than S$1 mil each
On July 11, a 3,800 sq ft unit on the second floor of Astrid Meadows was sold for a S$1.
Singapore residential prices to head higher in the next two years, says DBS
SINGAPORE (Aug 1): DBS Group Research says there are multiple catalyst for Singapore residential prices to head higher in the next two years.
MACC makes another arrest over FIC’s Kuching hotel purchase
KUALA LUMPUR (Aug 1): The Malaysian Anti-Corruption Commission (MACC) arrested a former special officer to a former Felda chairman to assist in the probe into the purchase of a hotel in Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported today The anti-graft body’s chief commissioner Datuk Dzulkifli Ahmad said the man was held at 4am at the MACC’s Putrajaya Office where he had gone to provide a statement, Bernama reported.
