IOI Properties Group opens Palm Garden Hotel in IOI Resort City
PETALING JAYA (Dec 21): IOI Properties Group Bhd announced the opening of its Palm Garden Hotel in Putrajaya, a Tribute Portfolio Hotel.
Sean ‘Diddy’ Combs has listed his LA bachelor pad for $14.5 million
American music rapper Sean Combs or more commonly known as P.
Chin Hin Group buys Solarvest shares but sells warrants
KUALA LUMPUR (Dec 18): Chin Hin Group Bhd has raised its stake in Solarvest Holdings Bhd to 27.
MARC revises IOI Properties funding vehicle’s rating outlook to negative
KUALA LUMPUR (Dec 17): Malaysian Rating Corporation Bhd (MARC) has revised its rating outlook for Fortune Premiere Sdn Bhd's RM3 billion multi-currency sukuk programme to negative from positive while affirming its AA-IS rating.
Bina Puri to build 5MWac large scale solar PV plant in Sabah
KUALA LUMPUR (Dec 15): Bina Puri Holdings Bhd has signed a power purchase agreement (PPA) with Sabah Electricity Sdn Bhd (SESB) to develop a five megawatt alternating current (MWac) large scale solar photovoltaic (PV) plant in Kunak.
Majority of Malaysian homes not insured for fire damage — Zurich Malaysia
KUALA LUMPUR (Dec 15): A majority of Malaysian homeowners (59%) are not covered for fire damage, with fire losses estimated at RM2.
KAF Research foresees sales, earnings recovery for property sector next year
KUALA LUMPUR (Dec 15): KAF Research expects the property upcycle to gain momentum as the Covid-19 pandemic appears likely to transition to an endemic soon.
Johor collaborates with property developers to build 115,000 affordable homes
JOHOR (Dec 14): Johor is intending to address the state’s housing issues by collaborating with property developers to build up to 115,000 affordable homes through the Special Johor Housing Programme, according to a report by New Straits Times.
Gamuda, IJM Corp and HSS likely MRT 3 tender bidders, says CGS-CIMB
KUALA LUMPUR (Dec 10): CGS-CIMB Research sees Gamuda Bhd, IJM Corp Bhd and HSS Engineers Bhd as likely potential front-runners for the Mass Rapid Transit Line 3 (MRT 3) project’s civil work tenders.
Maybank IB Research upgrades property sector to 'neutral', sees fragile recovery ahead
KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.
