Batu Kawan 3Q earnings fall 46%
KUALA LUMPUR (Aug 16): Batu Kawan Bhd’s net profit dropped 46% to RM80.
KLCCP Stapled Group 2Q net profit up slightly
KUALA LUMPUR (Aug 16): KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), collectively known as KLCCP Stapled Group, reported a slight increase in net profit in the second quarter ended June 30, 2017 (2QFY17) to RM177.
Ardmore Park unit in Singapore sold for S$2.9 mil gain
The most profitable deal this week was the sale of a 10th floor unit at Ardmore Park condominium for S$8.
Red Carpet 2 @ i-City opens today
SHAH ALAM (AUG 15): Malaysia’s first interactive wax museum in Malaysia, Red Carpet 2 @ i-City in Shah Alam, was launched today by Malaysia Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.
Menang Corp unaware of investigations into its property development unit
KUALA LUMPUR (Aug 15): Menang Corp (M) Bhd said that the company is unaware of investigations into its wholly-owned property development unit Menang Development (M) Sdn Bhd, as stated in The Edge Malaysia’s recent article.
KLRCA launches standard form of building contracts
PETALING JAYA (Aug 15): The Kuala Lumpur Regional Centre for Arbitration (KLRCA) has launched a suite of Standard Form of Contracts (SFC) which is suitable for all building construction projects in Malaysia.
MACC arrests Isa Samad over luxury hotels purchase by Felda unit
KUALA LUMPUR (Aug 15): Tan Sri Mohd Isa Abdul Samad has been arrested by the Malaysian Anti-Corruption Agency (MACC) in relation to the controversial purchases of two luxury hotels by Felda Investment Corp Sdn Bhd.
IOI Properties declares 6 sen dividend
KUALA LUMPUR (Aug 15): IOI Properties Group Bhd declared an interim dividend of six sen a share for its financial year ended June 30, 2017.
Sin Hee Yang Property, BSN team up to facilitate bumiputera home ownership
SUBANG JAYA (Aug 15): Affordable housing developer Sin Hee Yang Property Group (SHY) has teamed up with Bank Simpanan Nasional (BSN) to enable easy home ownership for first time bumiputera homebuyers via the bank's Youth Housing Scheme (YHS).
Isa Samad gives statement at MACC over FIC hotel purchases
KUALA LUMPUR (Aug 15): Former Felda chairperson Mohd Isa Abdul Samad was at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya today, most likely to give a statement on the purchase of hotels by Felda Investment Corp (FIC), Bernama reported today.
