IWCity extends loss, tumbles 23.6% in active trade
KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd (IWC) shares took more beating this morning in active trade and fell 23.
Buying into Vietnam’s sizzling market
Singaporean businessman and property investor Alvin Ong relocated with his family to Ho Chi Minh City in Vietnam in 2012.
Perennial's 1Q earnings more than quadruple to S$38.7 mil on one-off divestment gain
SINGAPORE (May 8): Perennial Real Estate Holdings posted earnings of S$38.
Kimlun wins RM263 mil job to build MBJB office complex
KUALA LUMPUR (May 8): Kimlun Corp Bhd's 40%-owned joint venture company JBB Kimlun Sdn Bhd has bagged a RM263 million contract to construct an office complex block for Majlis Bandaraya Johor Bahru (MBJB) in Plentong, Johor.
Housing project in Taman Rimba Kiara to go ahead, says Tengku Adnan
PUTRAJAYA (May 8): The development at the Rimba Kiara Tanam site in Taman Tun Dr Ismail (TTDI), Kuala Lumpur, will go ahead despite opposition, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
AECOM bags Reference Design Consultant package for KL-Singapore HSR project
KUALA LUMPUR (May 8): MyHSR Corp Sdn Bhd has appointed American multinational engineering firm AECOM for civil reference design works for the high speed rail (HSR) infrastructure, which stretches from the south of Iskandar Puteri Station to the international border of Malaysia and Singapore.
CDL Hospitality Trusts gets a DPU kick from The Lowry
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of S$1.
Malton says not in talks with EPF, Dalian Wanda on Bandar Malaysia
KUALA LUMPUR (May 8): Malton Bhd said it is "not" in talks with the Employees Provident Fund (EPF) and China-based Dalian Wanda Group Co Ltd to jointly bid for the Bandar Malaysia property project within the old airport site in Sungai Besi here.
This S'pore REIT gets ‘hold’ on new office supply, uncertainty over acquisition
SINGAPORE (May 8): DBS is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a revised target price of 67 Singapore cents given likely operational weakness ahead of new office supply in 2017, dilution from the recent equity placement, and uncertainty over the timing of any acquisition.
IWCity tumbles 29.87% on termination of Bandar Malaysia deal
KUALA LUMPUR (May 8): Iskandar Waterfront City Bhd (IWCity) shares plunged this morning with no firm signal of a reversal of the Bandar Malaysia sale termination emerging.
