Sentral REIT’s 1H2024 earnings per unit inch up amid dilution to fund acquisition
Finance costs rose 44.
Chin Hin buys engineering, project management firms for RM51 mil in cash and share deal
Chin Hin is acquiring the stakes in CSS Engineering & Construction Sdn Bhd (CEC) and Critical System Specialist Sdn Bhd (CSS) from two individuals, with total cash of RM26.
Property stocks remain in comeback mode
Maybank Investment Bank Research analyst Wong Wei Sum upgraded the property sector to “positive” from “neutral” previously, on grounds of value emergence.
DONE DEAL: Factory, Petaling Jaya, Selangor
DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur DONE DEAL: Terrace house, Ara Damansara, Selangor Our most recent data shows that average transacted prices for industrial properties in Petaling Jaya have increased by 67.
Builders, developers deep in red after months of data centre-driven frenzy
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
Setia completes strategic land disposal in Semenyih
“The completion of this land sale allows us to reallocate resources towards significant projects, reduce debt, and align with our asset-light strategy to enhance competitiveness," said S P Setia president and CEO, Datuk Choong Kai Wai.
Encorp hands over first phase of landed homes in Lamanda Chuping township in Perlis to homebuyers
Lamanda Chuping is a key initiative under the Perumahan Warga Felda programme, which was initiated by the government to address the growing demand for affordable homes among Felda’s second-generation families.
ERA Realtor celebrates hard work, dedication and teamwork at annual dinner
Chief executive officer Tai Eefan: “I am incredibly proud of our agents and negotiators for their hard work and dedication, consistently surpassing sales targets, demonstrating outstanding teamwork, and continuously improving their skills through training and seminars, which have collectively driven our success and raised our company's standards.
SkyMeridien Residences rewarded for win at The Edge's Best Managed and Sustainable Property Awards 2024
SkyWorld contributed RM50,000 to the sinking fund of SkyMeridien Residences’ management corporation to support the ongoing upkeep and maintenance of the property.
Intraday short-selling of WCT suspended as shares hit one-month low
Still, WCT has had a great rally so far in 2024, as its stock price more than doubled at the end of last year, tracking a rally in the construction sector, largely fuelled by optimism about the government’s rollout of major infrastructure projects and contract awards in the private sector KUALA LUMPUR (Aug 5): Shares of construction and property group WCT Holdings Bhd (KL:WCT) plunged to their lowest in one month, after the stock exchange suspended intraday short-selling activities of the stock on Monday morning.
