KUALA LUMPUR (Aug 18): Property developer and private education operator Paramount Corp Bhd, which announced a 70% increase in its latest quarterly earnings, is planning up to RM405 million new projects and additional phases of existing developments in the second half of the financial year ending Dec 31, 2016 (2HFY16).
Suria Capital Holdings Bhd (Aug 17, RM2) Downgrade to hold from buy with a lower target price of RM2.
ASIAN Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.
THE Johor market has been quiet in the past year.
KUALA LUMPUR (Aug 17): Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.
PETALING JAYA (Aug 17): Property consultancy firm Knight Frank’s Prime Global Cities Index that tracks prime residential prices across 37 global cities worldwide has shown Vancouver leading the rankings for the fifth consecutive quarter.
KUALA LUMPUR (Aug 17): Malaysian Resources Corp Bhd (MRCB) is actively looking at all options to dispose of Eastern Dispersal Link (EDL) Expressway in Johor, said MRCB chief corporate officer Amarjit Chhina.
WHEN KK Group saw sales at many of its 24-hour KK Super Mart convenience stores and KK Kopitiam surge last weekend, it could not immediately put a finger on what was going on.
BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.
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