Axis REIT successfully raises RM449.7m via private placement
In view of the upcoming enlarged unit capital from this placement, Axis REIT had declared on Tuesday an advance fourth interim distribution of 1.
After 22% rally this year, analysts downgrade IGB REIT to ‘hold’
IGB REIT’s valuation appears stretched after this year’s rally, AmInvest said, at just under two times net asset value compared with peers like Sunway REIT and Pavilion REIT at slightly over one time NAV.
Archidex 2025 to occupy two venues, MITEC and KLCC, next year
Archidex 2024 generated RM1.
Symphony Life's ex-CFO, adviser charged for using company funds to buy Cycle and Carriage Bintang shares
The pair were charged under Section 218 of the Companies Act 2016 together with Section 34 of the Penal Code.
DONE DEAL: Condo unit, Ara Hill Condominium, Ara Damansara, Selangor
DONE DEAL: Factory, Taman Ekoperniagaan, Johor Bahru, Johor DONE DEAL: Bungalow, Bangsar, Kuala Lumpur Up to 27% of non-landed units in Ara Damansara, which is the majority, have less than 500 sq ft in terms of built-up space.
IOI Properties unveils RM12b IOI Rio City integrated development at Bandar Puteri Puchong
A total of 1,600 residential and commercial units will be developed within the first five years of IOI Rio City's development.
Singapore's Green Esteel one step closer to becoming Southern Steel's controlling shareholder
Upon completion of the proposals, Southern Steel will become a subsidiary of Esteel and an associate company of Hong Leong Manufacturing Group Sdn Bhd.
Govt may hand over undeveloped Duta Enclave land to Semantan Estate, conditional upon collaboration with GLCs — PM
Anwar also dismissed suggestions for excessive compensation to resolve the dispute, warning of potentially serious implications for the country.
Kumpulan Kitacon secures RM131.9m residential buildings job from Tropicana unit
The contract was secured via its wholly owned Kitacon Sdn Bhd on Monday, which had accepted a letter of award from Tropicana Alam.
Moody's sees sustained earnings growth for Genting but flags higher debt from NY expansion
"We project its consolidated capital spending will rise to RM6 billion to RM7 billion per annum in 2024 and 2025 from RM2.
