Former EON CEO Hisham Othman to head Hektar REIT
KUALA LUMPUR (April 20): Hektar Real Estate Investment Trust (REIT) founder and chief executive officer (CEO) Datuk Jaafar Abdul Hamid will be resigning as the CEO of its management company Hektar Asset Management Sdn Bhd (HAM) on May 1.
ILB to sell warehousing units for HK$137.3m
KUALA LUMPUR (April 20): Integrated Logistics Bhd (ILB) is selling two of its Hong Kong-based warehousing outfits for HK$137.
More contract wins in the pipeline for Suncon
Sunway Construction Group Bhd (April 19, RM1.
Mah Sing wins suit in RM359.5m land dispute
KUALA LUMPUR (April 20): Mah Sing Group Bhd has succeeded in the High Court to strike out the claims by seven persons that the RM359.
Significant Magna Prima stake up for sale?
THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.
PROPERTY SNAPSHOT 3: What are developments priced in Setapak?
• Today, we continue our focus on Setapak by looking at average prices on a per square foot (psf) basis.
Napic: Weak property market performance in Sabah in 2015
KUALA LUMPUR (April 19): Sabah’s property market showed a downtrend in 2015 with the decrease of all sub-sectors and fewer new properties launched.
Latitud 8 at Jalan Ampang to be unveiled by year-end
KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.