News about d

SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.

SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for S$437.

SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.

KUALA LUMPUR (Dec 6): Bina Darulaman Bhd (BDB) shares rose 1.

Initiate buy call with a target price of 81 sen: Pesona Metro Holdings Bhd’s new job wins have totalled RM1.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.

TYPICALLY, when prime land in the city centre becomes scarce, fringe areas become the next natural target for both investors and developers.

PETALING JAYA (Dec 5): OCR Land Holdings Sdn Bhd’s Flexus Signature Suites project will be completed in the second quarter of 2017, as it enters its final stage of development marked with a “topping-up” ceremony today.

KUALA LUMPUR (Dec 5): SkyWorld Development Group’s SkyAwani 2 Residences’ Tower A which was launched last Saturday had received overwhelming response.

SINGAPORE (Dec 5): RHB Research is maintaining its “overweight” rating on the property sector as yields of Singapore REITs overtook 10-year government bond yields by 4.