Inta Bina IPO’s public portion oversubscribed by 42.74 times
KUALA LUMPUR (May 18): Inta Bina Group Bhd, en route to be listed on the ACE Market of Bursa Malaysia on May 25, saw the public portion of its initial public offering (IPO) oversubscribed by 42.
UEM Sunrise shines on 1Q profit jump
KUALA LUMPUR (May 18): UEM Sunrise Bhd rose as much as seven sen or 5% after the property developer said first quarter net profit rose 1,929% from a year earlier.
MRCB makes cash call to raise up to RM2.86 bil
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.
Hua Yang’s FY2017 profits down 44.8% y-o-y
PETALING JAYA (May 17): Hua Yang Bhd has ended its 2017 financial year (FY2017) with a profit after tax (PAT) of RM60.
OSK to preview Melbourne Square in Malaysia early June
MELBOURNE (May 17): OSK Property Holdings Bhd plans to have the Malaysian preview of its first project in Melbourne, Australia by early June.
Mah Sing acquires Titiwangsa land for residential development
KUALA LUMPUR (May 17): Mah Sing Group Bhd has acquired a 3.
Gamuda Land Vietnam to launch apartments at Celadon City next month
HO CHI MINH CITY (May 17): Gamuda Land, the property arm of Gamuda Bhd is planning to launch the first block of apartments in the Emerald Precinct at its township development Celadon City in Ho Chi Minh City (HCMC) by mid-June.
Mah Sing’s The Loft @ Southbay to be completed by end-2017
PETALING JAYA (May 17): Mah Sing Group Bhd’s The Loft @ Southbay in Bayan Lepas, Penang is on track for completion by the end of this year.
S P Setia launches Citizen Setia Facebook page
SETIA ALAM (May 16): S P Setia Bhd has launched its Citizen Setia Facebook page which aims to connect the property developer with its purchasers and "fans" on the most popular social media platform in Malaysia.