EPF buys mall in Poland for almost RM1.4b, says source
PETALING JAYA (May 22): The Employees Provident Fund (EPF) (pictured) has acquired a retail mall in Poland for almost 300 million pounds (RM1.
UEM Sunrise 1Q net profit up 8.5%
KUALA LUMPUR (May 22): Property developer UEM Sunrise Bhd's net profit rose 8.
KPKT mulls syncing govt affordable housing schemes into one programme
PUTRAJAYA (May 22): The Housing and Local Government (KPKT) ministry is mulling a proposal to synchronise existing public affordable housing schemes — including PR1MA — under one programme to avoid overlaps, said its newly sworn-in minister Zuraida Kamaruddin.
Gamuda Land launches Gamuda Parks initiative
PETALING JAYA (May 22): Gamuda Land today launched the Gamuda Parks initiative and has pledged to scientifically audit the health of biological diversity in its new towns in conjunction with International Day for Biological Diversity 2018.
Berjaya Assets 3Q earnings sharply lower due to massive tax reversal a year ago
KUALA LUMPUR (May 22): Berjaya Assets Bhd posted net profit of RM16.
Ipmuda disposes of two properties in Johor for RM11.3m
KUALA LUMPUR (May 22): Building materials trader Ipmuda Bhd is selling off two freehold properties in Johor to Kenyin Hardware Sdn Bhd for a total of RM11.
Hektar REIT pays 2.3 sen DPU, 1Q NPI up 10%
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.
MRCB rises in active trade on news of disposing EDL to govt by year end
KUALA LUMPUR (May 22): Shares of Malaysian Resources Corp Bhd (MRCB) rose 1.
Cahya Mata Sarawak business model seen to remain intact
Cahya Mata Sarawak Bhd (May 21, RM1.
Aspen to secure RM44m via convertible loan
KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.
