E&O shareholders approve STP2 land sale
KUALA LUMPUR (Aug 8): Eastern & Oriental Bhd (E&O) shareholders have approved the disposal of a 1.
Location blamed for unsold low-cost homes
KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.
Matrix plans RM56.9 mil purchase in Port Dickson to expand landbank
KUALA LUMPUR (Aug 4): Matrix Concepts Holdings Bhd plans to buy 21 parcels of land in Port Dickson for RM56.
Chevron House in S'pore for sale from S$700 mil
SINGAPORE (Aug 2): Deka Singapore has put Chevron House at Raffles Place on the market at a guide price of more than US$700 million (RM434.
Analysts positive on Sime Darby's Seriamas stake disposal
KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.
Sime Darby sells 40% stake in Seriemas for RM625 mil
KUALA LUMPUR (Aug 1): Sime Darby Bhd is disposing of its 40% stake in Seriemas Development Sdn Bhd to Permodalan Nasional Bhd (PNB) for RM625 million cash to monetise the seller's real estate assets.
Auditor casts going concern doubts on Karambunai
KUALA LUMPUR (July 31): Karambunai Corp Bhd's external auditor has highlighted a material uncertainty in the group's financial statements that may cast significant doubt on its ability to continue as a going concern.
Townhouses from as low as RM222,888 at Kota Seriemas
PETALING JAYA (July 28): PNB Development Sdn Bhd (PNBD) is offering townhouses in Kota Seriemas known as Cempaka Seri Townhouse with prices ranging from RM222,888 to RM493,888.
