LBS Bina declares two sen special dividend for FY2016, proposes six sen for FY2017
KUALA LUMPUR (April 5): LBS Bina Group Bhd has declared a special tax-exempt dividend of two sen per share for the financial year ended Dec 31, 2016 (FY2016).
AEON scraps Batu Pahat mall plan with termination of land purchase
KUALA LUMPUR (April 5): AEON Co (M) Bhd said its proposed acquisition of a piece of 20-acre land in Batu Pahat, Johor has fallen through.
WCT bags contract for LRT3-related works worth RM185.9 mil
KUALA LUMPUR (April 5): WCT Holdings Bhd has bagged a contract from Prasarana Malaysia Bhd for work packages related to construction of the Light Rail Transit Line 3 from Bandar Utama to Johan Setia, worth about RM185.
This Singapore REIT is riding on the bits and bytes outsourcing explosion
SINGAPORE (April 5): OCBC is maintaining its “buy” on Keppel DC REIT with S$1.
AHB's interim income distribution drops slightly to 3.1 sen per unit
KUALA LUMPUR (April 5): Amanah Hartanah Bumiputera's (AHB) income distribution for the six months ended March 31, 2017 fell to 3.
Sunway Velocity on track for completion in 2020
PETALING JAYA (April 5): Sunway Velocity in Taman Maluri, Cheras will be 76% completed by end-2017 and on track for full completion in 2020.
Paramount to develop Mercure hotel in Utropolis Glenmarie
PETALING JAYA (April 4): Paramount Corporation Bhd today announced the development of the hotel component in its integrated development in Shah Alam, Utropolis Glenmarie.
MQ REIT aims to maintain 98% occupancy rate despite softer market sentiment
KUALA LUMPUR (April 5): MRCB-Quill Real Estate Investment Trust (MQ REIT) is aiming to maintain its average 98% occupancy rate in terms of net lettable area this year albeit subdued market sentiment and challenging economic environment.
Forest City’s Chinese buyers to get refunds
KUALA LUMPUR (April 5): Country Garden Holdings has announced it will refund money to mainland Chinese buyers of its mega Forest City development in Johor.
Ascott REIT rights issue 1.8 times subscribed
SINGAPORE (April 5): The manager of Ascott Residence Trust announced its rights issue was 1.
