WCT to reap about RM60m profit from TRX contract win
KUALA LUMPUR (Oct 21): WCT Holdings Bhd is expected to reap only about RM60 million in pre-tax profit from the RM754.
IOI Properties rise on Putrajaya land deal, analysts' upgrade
KUALA LUMPUR (Oct 21): IOI Properties Group Bhd rose as much as eight sen or 4% on a proposed land deal with controlling shareholder Tan Sri Lee Shin Cheng's family.
Premium Pan Pacific branded suites to join the Puteri Cove Residences
SINGAPORE (Oct 21): Malaysia’s first Pan Pacific Serviced Suites, a joint venture by Singapore-based real estate developers Pacific Star and DB2 under their joint member company Pearl Discovery Development Sdn Bhd, is scheduled to open in early 2018 at Puteri Harbour in Nusajaya, Iskandar Malaysia.
Hunza Properties buys land in Penang for affordable housing
KUALA LUMPUR (Oct 20): Hunza Properties Bhd is acquiring a 3.
BIG DEAL: IOI Properties buys land worth RM1.58 bil from controlling shareholders
KUALA LUMPUR (Oct 20): IOI Properties Group Bhd is acquiring Mayang Development Sdn Bhd and Nusa Properties Sdn Bhd for RM1.
Mall of Emirates developer gets a Green Star
Dubai (Oct 20): Majid Al Futtaim, the leading retailer in Middle East,has achieved the highest “Green Star” status for the second year in a row from the Global Real Estate Sustainability Benchmark (Gresb).
Best Western launch first Vīb hotel in Southeast Asia
BANGKOK (Oct 20): Best Western Hotels & Resorts has unveiled the first Vīb hotel, its new lifestyle boutique brand, in Vientiane, Laos.
Mah Sing to launch affordable homes in Rawang
PETALING JAYA (Oct 20): In an initiative to make home ownership more affordable for the lower income group, Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.
WCT pays 1MDB RM223 million @ RM3,100 psf for TRX land
GEORGE TOWN (Oct 20): 1MDB Real Estate Sdn Bhd (1MDBRE) yesterday awarded WCT Holdings Bhd a RM754.
