Sime Darby clarifies why it aborted Saizen REIT RTO
KUALA LUMPUR (March 14): Sime Darby Bhd clarified yesterday that it could not meet the deadline to complete the reverse takeover (RTO) of Singapore-listed Saizen Real Estate Investment Trust (REIT) because circulars to Saizen REIT’s unitholders were not issued on time.
$4.92 mil loss at Orchard Scotts
THE top two losses for private non-landed homes sold in the week of Feb 14 to 21 were for units in Orchard Scotts, a 99-year leasehold condominium in prime District 9 completed in 2008.
Malaysia’s zero-energy tiny home in the making
IN hot and humid Malaysia, when one hears the word off-grid, zero-waste, carbon neutral and water-efficient homes, what comes to mind are uncomfortable basic dwellings.
Could surprise easing of property cooling measures in Singapore spark turnaround?
SINGAPORE (March 13): A surprise letup of property cooling measures — albeit minor and targeted tweaks — on Friday sent property developer stocks soaring to the highest in more than 20 months.
Sunway Construction confirms securing RM212.3m MRT2 job
KUALA LUMPUR (March 13): Sunway Construction Group Bhd confirms that its subsidiary Sunway Construction Sdn Bhd (SCSB) has bagged a construction job from intercity railway operator Mass Rapid Transit Bhd (MRT) worth RM212.
IOI Properties to build S$3.5 bil GDV office development on Central Boulevard site in Singapore
PUCHONG (March 13): IOI Properties Bhd is aiming to start construction of an office development with an estimated gross development value (GDV) of at least S$3.
SkyWorld to launch RM1.6 bil GDV of projects this year
KUALA LUMPUR (March 13): SkyWorld Development Group targets to launch four to five projects with an estimated gross development value (GDV) of RM1.
EcoWorld unveils Eco Grandeur show village and launches ‘My Happy Place’ campaign
PETALING JAYA (March 13): Eco World Development Group Bhd (EcoWorld) has opened the show village for Eco Grandeur in Puncak Alam, Selangor last weekend.
