RHB IB lowers target price for UOA Development to RM1.71
RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
Landmarks' Andaman Resorts placed under receivership after defaulting on OCBC loan
The group said in a bourse filing that OCBC has proceeded to appoint Khoo Siew Kiat and Lim Keng Peo of Deloitte Restructuring Services PLT as the "joint and several receivers and managers over the assets and undertakings of ARSB", whose assets have a net book value of RM25.
Plenitude achieves 98% take-up for Impian Hills Phase 1 in Johor, to launch Phase 2 in 3Q
The developer will also be unveiling the Magnolia show houses on July 8 to provide its new and prospective homebuyers with a first-hand experience of the property, it said in a press statement released on July 5.
Setia i-Home presents the future of smart and sustainable living
With Setia i-Home, the new landed residential homes will be equipped with smart features such as Smart Home System that allows homeowners to manage multiple switches via a mobile app, Green Switch that lets residents power off non-essential appliances upon leaving home, and Smart Door Lock that enables one to unlock the front door with your thumbprint or mobile app.
GUH Holdings expects RM4m revenue boost from out-of-court settlement with JAKS’ unit
Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.
The Binjai on the Park and Kuala Lumpur Convention Centre retain Gold status at The Edge Malaysia BMSPA 2023
BMSPA is in its seventh instalment this year in seeking to recognise real estate that is managed with excellence and sustainability.
Local govt ministry plans new law to speed up redevelopment projects
“Right now, under the current act (law), we have to get 100% consent from the residents (of the identified projects) to implement a redevelopment [plan], which is not possible… We will be coming out with a new act soon, to speed up the progress of the redevelopment projects.
SkyWorld records highest-ever profit after tax of RM150.7m
The remarkable increase of SkyWorld’s PAT was contributed by revenue generated from ongoing projects such as SkySierra Residences (The Valley), EdgeWood Residences, SkyVogue Residences, SkyAwani III Residences, SkyAwani IV Residences, SkyAwani V Residences and the sales of completed inventories mainly from SkyMeridien Residences.
MIEA’s new board of directors led by Tan Kian Aun
Tan has served as a board member in the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEAP), in which time he has held the role of chair of the Estate Agency Practice Committee (EAPC).
