LTKM sells industrial land with factory for RM26 mil

KUALA LUMPUR (Dec 22): LTKM Bhd is selling a piece of freehold industrial land measuring 21,284 sq metres together with a factory in Kapar, Klang, for RM26 million, cash, to unlock the property's value and use the proceeds to acquire future strategic landbank.

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MRT2, LRT 3 to boost properties and landbank, says AffinHwang

KUALA LUMPUR (May 18): AffinHwang Capital Research has maintained its “Neutral” rating on the property sector and said the RM25 billion Klang Valley Mass Rapid Transit Line 2 (MRT2) and RM9 billion Light Rail Transit Line 3 (LRT 3) would spur the construction sector (Overweight) growth.

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HLIB conservative on UEM Sunrise profits

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.

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IOI Properties gets a slimmer structure

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.

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