DONE DEAL: Industrial factory, Seksyen 34, Shah Alam

Rented for: RM28,000 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-338 0356) When: November 2017 Noteworthy: ● Land size: one acre ● Empty unit ● Built up: 16,500 sq ft According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked the area given its proximity to the factory he has previously leased.

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Ekovest posts flat 1Q net profit

KUALA LUMPUR (Nov 28): Ekovest Bhd, controlled by tycoon Tan Sri Lim Kang Hoo, reported a flat net profit for the first financial quarter ended Sept 30, 2017 (1QFY18), as higher sales recognition from its property development projects was offset by lower profits from its construction operations.

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