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KUALA LUMPUR (Feb 21): Melati Ehsan Holdings Bhd will focus on affordable-housing development around the Klang Valley to rely less on its construction segment.

KUALA LUMPUR (Feb 21): Some 45% of millennials continue to purchase properties across Asia to generate rental income for their retirement, according to the “Manulife Investor Sentiment Index” report.

KUALA LUMPUR (Feb 21): IOI Corp Bhd’s net profit fell 98% year-on-year (y-o-y) to RM15.

MORE than four years after Japanese retailer AEON Co Ltd took over France-based Carrefour’s loss-making business in Malaysia, it is still struggling to improve its bottom line.

KUALA LUMPUR (Feb 20): Ho Hup Construction Co Bhd's net profit fell 52.

PERAK (Feb 20): Hua Yang has launched the first phase of Bandar University Seri Iskandar (BUSI), Perak.

KUALA LUMPUR (Feb 20): Eco World International Bhd (EWI), which is seeking a listing on Bursa Malaysia's Main Market, has signed three key agreements with GuocoLand Ltd (GuocoLand), the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and six banks for its initial public offering (IPO) exercise.

SINGAPORE (Feb 20): Finance Minister Heng Swee Keat announced, with immediate effect, in his Budget statement today that the CPF housing grant has been raised to S$50,000 (RM157,144) for first-timer couples buying four-room or smaller HDB flats from the resale market.

SHAH ALAM (Feb 20): Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment.

SINGAPORE (Feb 20): Parkway Life REIT has acquired four nursing homes and one dementia group nursing home in Japan from Marubeni Corporation, UBI Kabushiki Kaisha and UBI Capital Kabushiki Kaisha for ¥4.