Shares of Dalian Wanda Group plunge — report
KUALA LUMPUR (June 22): Dalian Wanda Group, owned by China's second richest man, Wang Jianlin, was in focus on Thursday as the shares and bonds of its units plunged, according to Bloomberg.
KUALA LUMPUR (June 22): Dalian Wanda Group, owned by China's second richest man, Wang Jianlin, was in focus on Thursday as the shares and bonds of its units plunged, according to Bloomberg.
SINGAPORE (June 22): Consortium partners Singapore Press Holdings (SPH) and Kajima Development plan to develop over 600 residential units with a retail/commercial component of roughly 310,000 sf gross floor area at the Bidadari site they recently won.
KUALA LUMPUR (June 22): O&C Resources Bhd posted a net profit of RM1.
SINGAPORE (June 22): CapitaLand announced on Wednesday that its wholly-owned subsidiary CVH Sparkle has divested its entire 65% stake in Vietnam-based real estate development business Sparkle Value Homes Co (SVH) for US$4.
KUALA LUMPUR (June 22): Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.
KUALA LUMPUR (June 22): A loss in “other operating income” has dragged Glomac Bhd’s fourth-quarter net profit down 94.
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SINGAPORE (June 21): UOL Group, UIC Group and Haw Par Corp this morning called for trading halts.
SINGAPORE (June 21): CIMB is starting Hatten Land with an “add” rating and a target price of 38 Singapore cents, given its 45% discount to RNAV.