Pos Malaysia eyes land monetisation
SHAH ALAM (Aug 18): Pos Malaysia Bhd, whose share price has risen 16% this month, is looking to monetise its land bank assets, said its group chief executive officer Datuk Mohd Shukrie Mohd Salleh.
Matrix targets RM900 mil property sales in FY17
KUALA LUMPUR (Aug 18): Matrix Concepts Holdings Bhd is targeting more than RM900 million in property sales for the current financial year ending March 31, 2017 (FY17).
CIMB projects stronger 4Q earnings for KLK, maintains 'hold' call
KUALA LUMPUR (Aug 18): CIMB Research expects Kuala Lumpur Kepong Bhd (KLK) to post a stronger fourth quarter ending Sept 30, 2016 (4QFY16) net profit due to higher production and selling prices for palm products.
Kuala Lumpur Kepong’s 3Q earnings up 2.6%
KUALA LUMPUR (Aug 18): Kuala Lumpur Kepong Bhd’s (KLK) net profit rose 2.
SStwo Mall up for sale
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.
Johor properties see lower selling prices
THE Johor market has been quiet in the past year.
Retailers see a pickup in business on Pokémon Go
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.
Tower REIT’s 2Q net income falls 6.36% on lower occupancy rate
KUALA LUMPUR (Aug 16): Tower Real Estate Investment Trust’s (REIT) second quarter net income fell 6.
AQRS to get RM500 mil SUKE subcontract
Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).
UMLand’s corporate exercise to be completed by year end
UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.
