IWCity active, rises 4.35% after recent beating on aborted Bandar Malaysia deal
KUALA LUMPUR (May 11): Iskandar Waterfront City Bhd (IWC) shares recovered 4.
IRB seizes Lee Kim Yew's FDs worth RM126 mil over Country Heights' tax arrears
KUALA LUMPUR (May 9): Country Heights Holdings Bhd says its executive chairman and major shareholder Tan Sri Lee Kim Yew's fixed deposits of some RM126 million placed in a foreign-owned bank has been seized by the Inland Revenue Board.
11 Rumah Selangorku projects to be completed this year
PETALING JAYA (May 3): A total of 11 Rumah Selangorku projects, amounting to 2,820 units of affordable homes, will be completed by the end of this year, according to the Selangor Housing and Property Board (LPHS).
Sime Darby Property rolls out festive season campaign for homebuyers
PETALING JAYA (May 9): Sime Darby Property is rolling out a new promotional campaign for the upcoming festive season, offering homebuyers the opportunity to own one of its recently launched properties in its townships located in the Klang Valley and Negeri Sembilan.
This REIT has enjoyed 8 straight quarters of DPU growth
SINGAPORE (May 9): OCBC is re-iterating its “buy” call on Lippo Malls Indonesia Retail Trust with a fair value of S$0.
China's Wanda in talks to develop Bandar Malaysia
KUALA LUMPUR (May 9): The company controlled by China's richest man is now the front runner to lead the development of Bandar Malaysia after Putrajaya last week dropped the consortium that was earmarked to buy a majority stake in the project, the Singapore daily The Straits Times reported today.
Still a big question mark over Bandar Malaysia
Construction sector Maintain overweight call: Over the weekend, local newspapers covered several “what if” scenarios following the termination of the share sale agreement of the 60% stake in Bandar Malaysia to the 60:40 consortium formed by Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) — valued at around RM7.
MK Land sells nine Perak land plots for RM72 mil
KUALA LUMPUR (May 8): MK Land Holdings Bhd is selling off nine parcels of leasehold land in Kamunting, Perak for RM72 million, to improve its financial position.
