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KUALA LUMPUR (July 22): Gadang Holdings Bhd’s net profit climbed 20% to RM30.

Sold for: RM2.

KUALA LUMPUR (July 21): IJM Land Bhd plans to launch seven to eight projects with a cumulative gross development value (GDV) of almost RM1 billion in the second half of this year (2H2016), said managing director Edward Chong.

KAJANG (July 21): Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.

KUALA LUMPUR (July 21): Credit access is not the problem confronting potential homebuyers, but rather more fundamental issues like affordability and shortage of supply of reasonably priced houses, says Bank Negara Malaysia (BNM).

KUALA LUMPUR (July 21): Property developer Hua Yang Bhd, which saw its first-quarter net profit fall 20%, has proposed to undertake a one-for-three bonus issue to reward its shareholders and increase its capital base to better reflect its current scale of operations.

KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT) said its total income available for distribution slipped 3.

GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser.

THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.

BETTER known for building affordable residential and commercial properties, Seremban-based developer Matrix Concepts Holdings Bhd is planning to target the mid- to high-income market with the launch of higher-end properties.