Al-Aqar REIT announces 3.95 sen DPU as 4Q net income jumps 87%
KUALA LUMPUR (Feb 21): Al-Aqar Healthcare Real Estate Investment Trust's (Al-Aqar REIT) net income rose 87% year-on-year to RM48.
UOA posts 45% drop in 4Q net profit, proposes 15 sen dividend
KUALA LUMPUR (Feb 21): UOA Development Bhd's net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 45% to RM191.
MP Corp tumbles on getting winding-up petition from RHB Bank
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp) shares tumbled 33.
RHB Bank wants to wind up MP Corp
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp), a Practice Note 17 (PN17) company, has been served with a winding-up petition by RHB Bank Bhd, demanding repayment of debt totalling RM118.
Education seen as driver of Chinese property buying in Malaysia
KUALA LUMPUR (Feb 21): Education is expected to become a larger driver of Chinese property buying in Malaysia by 2025, said Juwai.
JAKS, Star Media at loggerheads over project delay
KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.
Pertubuhan Ihsan Johor to build 50 houses this year
JOHOR BAHRU (Feb 21): Pertubuhan Ihsan Johor is aiming to build 50 houses for the less fortunate this year, Bernama reported.
Strict regulations needed for buildings in M’sia, says PAM
PETALING JAYA (Feb 20): The recent collapse of a hotel wall at Bukit Tinggi, Pahang, underscores the need for all building structures in Malaysia to be strictly regulated, said the Malaysian Institute of Architects (PAM) in a statement today.
Ayala Land owns 72.3% of MCT as general offer closes
KUALA LUMPUR (Feb 20): Ayala Land Inc, the biggest property group in the Philippines, increased its indirect stake in MCT Bhd to 72.
Knight Frank: Prices in key Asian cities slow on regulatory curbs
PETALING JAYA (Feb 20): Price growth in key Asian cities have fallen on regulatory changes and cooling measures, according to international property consultancy Knight Frank’s The Global Residential Cities Index for 3Q17.
