Country Garden Pacificview says Forest City’s Stage 2 development on track

Jun 22

JOHOR (June 22): Country Garden Pacificview announced on June 20 that the US$280 million (S$389.

Jaks Resources: Loss-making property unit's turnaround will ‘take a while’

Jun 22

KUALA LUMPUR (June 22): Jaks Resources Bhd, whose profitability was dragged down by its loss-making property division in the financial year ended Dec 31, 2016 (FY16) and first quarter ended March 31, 2017 (1QFY17), said it would take some time for the division to start bearing profits.

Shares of Dalian Wanda Group plunge — report

Jun 22

KUALA LUMPUR (June 22): Dalian Wanda Group, owned by China's second richest man, Wang Jianlin, was in focus on Thursday as the shares and bonds of its units plunged, according to Bloomberg.

Singapore Press Holdings-Kajima JV to build over 600 residences, mall on Bidadari site

Jun 22

SINGAPORE (June 22): Consortium partners Singapore Press Holdings (SPH) and Kajima Development plan to develop over 600 residential units with a retail/commercial component of roughly 310,000 sf gross floor area at the Bidadari site they recently won.

CapitaLand divests entire stake in Vietnam real estate unit for S$6.4 mil

Jun 22

SINGAPORE (June 22): CapitaLand announced on Wednesday that its wholly-owned subsidiary CVH Sparkle has divested its entire 65% stake in Vietnam-based real estate development business Sparkle Value Homes Co (SVH) for US$4.

S P Setia expected to launch Melbourne CBD project in 2H17

Jun 22

S P Setia Bhd (June 21, RM3.

Bina Puri mulls raising fund

Jun 22

KUALA LUMPUR (June 22): Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.