WCT expects to list REIT before end-2017

KLANG (June 1): Construction and property player WCT Holdings Bhd said it expects to realise plans to list a real estate investment trust (REIT) before year end, after the group has tidied its assets.

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Glomac appoints Tabung Haji CEO as alternate director

KUALA LUMPUR (June 1): Glomac Bhd has appointed Lembaga Tabung Haji group managing director and chief executive officer (CEO) Datuk Seri Johan Abdullah as an alternate director to its non-independent non-executive director Datuk Seri Panglima Abdul Azeez Abdul Rahim.

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LBS Bina plans more JVs with landowners

KUALA LUMPUR (June 1): Property developer LBS Bina Group Bhd is in talks with two landowners in the Klang Valley to expand its portfolio of land available for development via joint ventures (JV).

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Marco plans to diversify into property sector

UALA LUMPUR (May 31): Marco Holdings Bhd — the distributor of Casio watches, calculators, digital cameras and musical instruments — plans to expand its business into property development in the next two years.

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Hap Seng eyes more acreage in Sabah

KUALA LUMPUR (May 31): Hap Seng Consolidated Bhd is looking at expanding its acreage in Sabah as it continues to expect stable contributions from its palm oil plantations division.

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