EcoWorld’s RNAV cut by 6% after project rescission
Eco World Development Group Bhd (June 9, RM1.
Low prices make property stocks prime M&A targets
PROPERTY stocks have gone into a tailspin as the boom years have come to an abrupt halt.
Reducing electricity usage is not that difficult
THE electricity bills are only going to go higher.
Avanti Residences’ final phase is 55% sold
PETALING JAYA (June 3): The third and final phase of Avanti Residences in Saujana Permai U17, Shah Alam, by property developer Johawaki Development Sdn Bhd is 55% sold since its launch on May 7, marketing manager Ku Reza Ku Abd Rahman told TheEdgeProperty.
UOA inks MoU with China hospitality company
PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.
Kerjaya Prospek secures contracts worth RM278m, surpasses order book target
KUALA LUMPUR (May 31): Kerjaya Prospek Group Bhd has secured two main building work contracts worth RM278.
Half of KotaSAS Evergreen II Homes taken up
PETALING JAYA (May 30): KotaSAS Sdn Bhd, the developer of Kota Sultan Ahmad Shah (KotaSAS) township in Kuantan, Pahang, has seen 52% of its Evergreen II Homes being taken up since the project was unveiled in March, said the developer.
Investors shrug off developers’ unbilled sales
KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.
MKH's 2Q profits surge fivefold, expects better FY2016
KUALA LUMPUR (May 27): MKH Bhd's net profit for the second quarter ended March 31, 2016 (2QFY16) rose over fivefold to RM55.
