Mudajaya jumps 7.91% on positive technical outlook
KUALA LUMPUR (May 18): Shares of Mudajaya Group Bhd rose 7.
MRCB falls 6.9% on proposing rights issue
KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) fell 6.
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.
IWCity falls 3.7% in active trade
KUALA LUMPUR (May 18): Iskandar Waterfront City Bhd fell 3.
June 30 deadline for Bandar Malaysia developer submissions
KUALA LUMPUR (May 18): Parties interested to take up the role of master developer for the multibillion-ringgit Bandar Malaysia development in Sungai Besi here have up to June 30 to submit their proposals.
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.
How big a price premium do integrated developments command?
Over the past decade, condominium projects linked to an MRT station have generated strong sales.
Paramount's 1Q profit slides 14% without disposal gain
KUALA LUMPUR (May 17): Paramount Corp Bhd’s first quarter ended March 31, 2017 (1QFY17) net profit was 14% lower at RM8.
These 2 Singapore developers to gain most from relaxation of property curbs
SINGAPORE (May 17): DBS’s top picks for beneficiaries to the potential relaxation of property measures in Singapore are UOL Group and Frasers Centrepoint even though most developers have re-rated following the positive sentiment in the Singapore property market.
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.
