News about ev

MK Land Holdings Bhd (May 9, 33 sen) Maintain neutral with an unchanged target price (TP) of 35 sen: MK Land Holdings Bhd has entered into two sale and purchase agreements with KL Teh Land and Development Sdn Bhd for the disposal of nine parcels of leasehold land for RM72 million.

KUALA LUMPUR (May 9): Country Heights Holdings Bhd says its executive chairman and major shareholder Tan Sri Lee Kim Yew's fixed deposits of some RM126 million placed in a foreign-owned bank has been seized by the Inland Revenue Board.

SINGAPORE (May 10): Kevin Xayaraj has stepped down from his position as CEO and executive director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.

PETALING JAYA (May 9): IJM Perennial Development Sdn Bhd, a joint venture between IJM Corp Bhd and Perennial Real Estates Holdings Ltd, has unveiled The Light City, a large-scale integrated mixed-use waterfront development in Gelugor, Penang.

KUALA LUMPUR (May 8): MK Land Holdings Bhd is selling off nine parcels of leasehold land in Kamunting, Perak for RM72 million, to improve its financial position.

JOHOR BAHRU (May 7): Infrastructure, connectivity, branding, economic activity and educational facilities are essential elements of Iskandar Malaysia’s success, according to stakeholders of the economic zone in Johor who shared their views at the second Marketplace Series of Forums organised by the Asian Strategy & Leadership Institute and the Full Gospel Business Men’s Fellowship on May 2.

KUALA LUMPUR (May 5): Property developer Hua Yang Bhd is acquiring a 3.

PETALING JAYA (May 4): Sime Darby Property, Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Brunsfield Development Sdn Bhd have signed a Memorandum of Understanding (MoU) to lead the development of Malaysia Vision Valley (MVV).

Ikhmas Jaya Group Bhd (May 3, 72 sen) Maintain buy with an unchanged target price of 76 sen: Ikhmas Jaya Group Bhd has announced that it on Tuesday agreed and accepted the terms and conditions of a letter of award from Pelaburan Hartanah Bhd to carry out site clearance, earthworks, piling (bore) and pile cap works for a shopping complex in Terengganu worth RM62.

KUALA LUMPUR (May 4): Malaysian Resources Corp Bhd (MRCB), the master developer of KL Sentral, sees rising demand for residential properties at transit-oriented developments (TODs) by city dwellers and aims to tap more into this property segment.