KKR, Blackstone, RRJ and TPG dropping out of race for S'pore's GLP, says FT
SINGAPORE (June 23): Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.
Wing Tai takeover offer 'not fair but reasonable', says independent adviser
KUALA LUMPUR (June 23): The takeover offer for Wing Tai Malaysia Bhd at RM1.
Nexgram 3Q net loss narrows
KUALA LUMPUR (June 23): Nexgram Holdings Bhd's third quarter net loss narrowed to RM277,195 from a net loss of RM3.
Bina Darulaman issues maiden RM50 mil sukuk
KUALA LUMPUR (June 23): Bina Darulaman Bhd (BDB) has issued its maiden sukuk, RM50 million Sukuk Wakalah, the first tranche of the Kedah-based property and construction company's seven-year, RM100 million Sukuk Wakalah Programme.
Asian cities are the most expensive for expats
PETALING JAYA (June 22): Asian cities are the most expensive cities for expatriates, where five of the top 10 most expensive cities are in Asia, according to Mercer’s 2017 Cost of Living Survey.
UOL a step closer to achieving ‘statutory control’ of UIC in share swap deal with Haw Par
SINGAPORE (June 23): UOL and Haw Par have entered into a share swap deal for shares in United Industrial Corporation (UIC).
Country Garden’s Forest City hit by capital controls
PETALING JAYA (June 23): It looks like Beijing’s capital controls could threaten to derail residential property sales around the globe that has been fuelled by buyers from China.
S P Setia down 7% on cash call for I&P Group acquisition
KUALA LUMPUR (June 23): Shares of S P Setia Bhd fell 6.
Malaysia issues Bandar Malaysia RFP, seeks Fortune 500 affiliate
KUALA LUMPUR (June 23): Malaysia announced today the request for proposal (RFP) to select Bandar Malaysia's master developer, the Finance Ministry said in a statement.
