News about la

KUALA LUMPUR (April 23): Property player S P Setia Bhd has fixed the price of its new shares to be issued in relation to its third dividend reinvestment plan (3rd DRP) at RM3.

KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.

KUALA LUMPUR (April 23): CIMB Research is confident that Komtar’s makeover will boost Only World Group Bhd (OWG) revenue.

MELAKA (April 23): While the majority of residential launches in Peninsular Malaysia were in the RM200,000 to RM500,000 range in 2H2014, launches recorded in Melaka were mainly in the RM500,001 to RM1 million range, according to The Real Estate and Housing Developers Association Malaysia (REHDA) Property Industry Survey 2H2014 released in March.

NSSB manages and operates the Nu Sentral Mall in Kuala Lumpur (theedgeproperty.

KUALA LUMPUR (April 23): Malaysian Rating Corp Bhd (MARC) has downgraded its outlook on IJM Corp Bhd’s RM1 billion commercial paper/medium-term notes programme (CP/MTN), while affirming the ratings of MARC-1/AA- on the programme.

KUALA LUMPUR (April 23): The property market in Negri Sembilan witnessed a surge in performance in 2014.

KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.

KUALA LUMPUR (April 22): MIDF Amanah Research reported on April 21 that Axis REIT’s first quarter of financial year 2015 (1QFY15) core net income of RM22.

KUALA LUMPUR: Selangor’s property market saw the value of its transactions rise by 2% to RM47.