Yong Tai’s CEO and ED increase stakes in company
KUALA LUMPUR (March 30): Yong Tai Bhd’s largest shareholder, Hong Kong-listed Impression Culture Asia Ltd, has pared down its controlling stake in the company to 28.
E&O secures KWAP as cornerstone JV partner for STP Phase 2A
PETALING JAYA (March 30): Eastern & Oriental Bhd (E&O) and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will jointly develop Seri Tanjung Pinang Phase 2A (STP2A) in Penang.
CapitaLand continues to deliver balanced results in an uncertain environment
SINGAPORE (March 30): OCBC Investment Research is maintaining its “buy” call on CapitaLand Ltd, raising its fair value estimate on the stock from S$3.
Mice infested human settlements 15,000 years ago
MIAMI (March 30): Mice began infesting human settlements some 15,000 years ago in the Middle East, said a study recently that suggested the little rodents have been scurrying underfoot far longer than previously thought.
CMMT remains cautious on outlook for FY2017
KUALA LUMPUR (March 30): CapitaLand Malaysia Mall Trust (CMMT) remains cautious on its outlook for financial year 2017 (FY2017) due to a double whammy of topline and rental reversion pressures.
Pavilion REIT sees 'flattish' rental growth for Pavilion Mall
SHAH ALAM (March 30): Pavilion Real Estate Investment Trust (Pavilion REIT) expects "flattish" rental growth in 2017 for its Pavilion Mall in Kuala Lumpur amid a challenging economic environment.
House prices continue to grow despite cooling measures, says Knight Frank
PETALING JAYA (March 30): Malaysia’s house price index grew by 5.
e-Lelong system to be launched when integration is completed
PETALING JAYA (March 30): The launch of the online property auction platform e-Lelong for court auctions will be “realised very soon”, according to the Registrar of the High Court of Malaya Sabariah Othman.
Metronic to spend RM75 mil on mixed development project
KUALA LUMPUR (March 30): Metronic Global Bhd expects to spend RM75 million to develop a residential-cum-commercial project on the four adjacent plots of land in Cheras that it is acquiring.
Centurion to develop 280-bed students dorm in Adelaide
SINGAPORE (March 30): Centurion Corporation is developing a new 280-bed student accommodation in Adelaide, Australia.
