IGB REIT's 2Q NPI up 1.6% y-o-y on higher rental income
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
Co-Prosperity increases stake in Yong Tai to 31.34%
PETALING JAYA (Aug 2): Tourism and cultural property developer Yong Tai Bhd has seen its major shareholder Co-Prosperity Holdings Ltd increase its stake in the former via a private placement exercise ahead of the Impression Melaka theatre’s scheduled opening in February 2018.
Glomac plans 1-for-10 bonus issue
KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.
CRRC-led consortium wins RM1.56 bil package in LRT3 project
KUALA LUMPUR (Aug 2): Prasarana Malaysia Bhd has awarded a work package worth RM1.
Chevron House in S'pore for sale from S$700 mil
SINGAPORE (Aug 2): Deka Singapore has put Chevron House at Raffles Place on the market at a guide price of more than US$700 million (RM434.
Strong interest for Sunway Subang industrial project
PETALING JAYA (Aug 2): Sunway Property has received more than a thousand registrants expressing their interest for its upcoming launch of an industrial development called Sunway Subang in Kampung Melayu Subang.
MACC investigators visit FIC again
KUALA LUMPUR (Aug 2): A team of investigators from the Malaysian Anti-Corruption Commission (MACC) was seen at Menara Felda again today.