Setia EcoHill enhances township with R.E.A.L Kids
PETALING JAYA (Aug 25): S P Setia Bhd’s unit, Setia EcoHill Sdn Bhd, has inked an agreement with R.
Mah Sing ready to acquire more land going forward
KUALA LUMPUR (Aug 25): Even with 2,492 acres of land already in hand, Mah Sing Group Bhd has hinted at its desire to continue amassing land or seeking more joint venture initiatives to develop more homes in the future.
Malaysia’s July inflation slowest in 16 months
KUALA LUMPUR (Aug 25): The country’s headline inflation rate eased for the fifth consecutive month in July 2016 to 1.
IJM banking on construction for FY17 growth
SUBANG JAYA (Aug 25): With the outstanding order book at an all-time high and more infrastructure contracts being dished out, IJM Corp Bhd said its construction division can make up for the slowdown in the property business.
Hua Yang sees flat FY17 earnings
KUALA LUMPUR (Aug 25): Hua Yang Bhd, which expects flat earnings growth in the current financial year ending March 31, 2017 (FY17), said it aims to pay out 25% to 30% of its net profit as dividends while conserving cash for landbank replenishment.
Global Oriental more cautious about new launches
KUALA LUMPUR (Aug 25): Global Oriental Bhd (GOB), a property developer and restaurant chain operator, is expecting the property market downturn to persist until at least 2018.
Boustead 2Q net profit surges 77 times
KUALA LUMPUR (Aug 25): Boustead Holdings Bhd saw its second-quarter net profit jump more than 77 times to RM225.
Sunsuria posts higher profit in 3Q
KUALA LUMPUR (Aug 25): Property developer Sunsuria Bhd posted a net profit of RM6.
Plenitude’s 4Q net profit falls 84.7%
KUALA LUMPUR (Aug 25): Property developer and hotel operator Plenitude Bhd saw its net profit fall 84.
Luminari targets the homebuyer market
DESPITE the slow property market, OSK Property Holdings Bhd believes there is still demand for properties targeted at end users.
