UMLand’s corporate exercise to be completed by year end
UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.
Sime Darby launches RTO of Japanese REIT, Saizen
KUALA LUMPUR (Aug 15): Sime Darby Bhd has initiated a reverse takeover (RTO) of Japan’s Saizen Real Estate Investment Trust (REIT) under which it will be injecting several of its industrial properties in Australia into the REIT, in exchange for a a certain amount of units in the REIT and cash.
Trading in IGB Corp shares suspended pending material announcement
KUALA LUMPUR (Aug 15): Bursa Malaysia has approved IGB Corp Bhd’s request for a suspension in the trading of its shares today, pending a material announcement.
A softer performance seen for Sunway REIT’s hotel segment in FY17
Sunway Real Estate Investment Trust Maintain buy with a higher target price of RM1.
Tambun Indah Land’s first-half earnings within expectations
Tambun Indah Land Bhd (Aug 12, RM1.
KAF raises Mah Sing’s earnings forecast, target price
KUALA LUMPUR (Aug 15): KAF Research Sdn Bhd has raised its target price (TP) and earnings forecast for Mah Sing Group Bhd to factor in the stellar take-up rate for the property group’s cornerstone developments.
‘Renaissance KL deal likely to be sealed this week’
KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.
Unfinished symphony
A HOME OFFICE should be a place where you feel inspired and also offers an element of comfort.
How the Singapore-KL HSR could affect property prices in Singapore
TWO years ago, Singaporean David Neubronner moved into his new home at Straits View Residences, a gated landed housing community located in the Permas Jaya housing estate of Johor Bahru.
More than 100 bookings for Clarita Tower at Eco Sky
KUALA LUMPUR (Aug 14): Eco World Development Group Bhd (EcoWorld) received more than 100 bookings for Clarita Tower — the final residential tower of its Eco Sky integrated development — even before its official launch today.
