Vivocom profit to grow stronger in FY18
Vivocom Intl Holdings Bhd (July 13, 12 sen) Maintain buy with a target price (TP) of 40 sen: We emerged from our meeting with Vivocom Intl Holdings Bhd executive director Choo Seng Choon feeling reassured with our estimates.
Galeri Petronas hosts architecture exhibition 'MANIFEST: Modernism of Merdeka'
PETALING JAYA (July 14): Galeri Petronas is hosting an architecture exhibition titled “MANIFEST: Modernism of Merdeka” to showcase how Malaysian architecture had shaped the transformation of the nation during its pre- and post-independence period of 1950s and 1960s.
Damansara Realty bags RM57 mil car park management contract
KUALA LUMPUR (July 14): Damansara Realty Bhd (DBhd) has won a contract worth S$18.
Mulpha International sees 4.09% stake crossed off-market
KUALA LUMPUR (July 14): Mulpha International Bhd saw 13.
In-depth study on unsold low-cost homes needed
KUALA LUMPUR (July 14): The Real Estate and Housing Developers’ Association (Rehda) said an in-depth study on unsold low-cost homes needs to be done, in response to a suggestion that the Johor government should buy up unsold units to help out property developers.
Yanlord-led consortium’s 33.5% stake in UEL triggers takeover
SINGAPORE (July 14): A consortium led by Yanlord Land Group and Perennial Real Estate has acquired a 33.
TheEdgeProperty.com to launch Malaysia’s first virtual property expo
It is no longer considered far-fetched to find your dream home just by hooking yourself up to the internet.
Chinatown Hotel in Singapore sold for S$31 mil
SINGAPORE (July 14) Three adjoining freehold shophouses on Teck Lim Road, off Keong Saik Road, have been sold to Hilltop Capital, an entity linked to Aw & Sons and Aw Kim Cheng Realty.
DONE DEAL: Casa Ria apartment, Taman Maluri, Kuala Lumpur
Sold for: RM470,000 (RM437 psf) Concluded by: Casper Yee (REN 13384) of HASB Consultants (Selangor) Sdn Bhd (016-259 1812) When: April 2017 Noteworthy: ● Leasehold (expiring March 2077) ● 1,076 sq ft ● Low-floor unit ● Facing north ● Partially furnished ● 2 bedrooms and 2 bathrooms ● Facilities: Cafeteria, covered parking, swimming pool, jogging track, playground and 24-hour security Located along Jalan Jejaka, Taman Maluri, Casa Ria was developed by Syarikat Maluri Sdn Bhd.
