Lim to inject WCT assets into Pavilion REIT
Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.
Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.
PETALING JAYA (Nov 7): Avillion Port Dickson has emerged as the winner of the Luxury Spa Hotel category for Malaysia at the recent World Luxury Hotel Awards 2016 in Doha.
SINGAPORE (Nov 7): Manulife US Real Estate Management, the manager of newly-listed Manulife US REIT, posted a distribution per unit DPU of 2.
KUALA LUMPUR (Nov 7): The DAP’s Tony Pua questioned as to why the Malaysian government was awarding the 600km East Coast Rail Link (ECRL) project to China Communications Construction Company (CCCC) at RM55 billion or RM91.
KUALA LUMPUR (Nov 7): While Titijaya Land Bhd has denied that China Railway Group Ltd (CREC) is acquiring shares in the company to build up a strategic stake, it will be signing a deal with the Chinese construction company tomorrow in relation to what it has termed as “a potential development project collaboration”.
KUALA LUMPUR (Nov 5): Should one still consider buying property when prices are high? Of course, simply because those looking to buy or invest in a property should keep their focus on the potential capital appreciation that a property can bring rather than on its price.
KUALA LUMPUR (Nov 5): Should one still consider buying property when prices are high? Of course, simply because those looking to buy or invest in a property should keep their focus on the potential capital appreciation that a property can bring rather than on its price.
KUALA LUMPUR (Nov 4): Property developer LBS Bina Group Bhd is confident of achieving its sales target of RM1.
KUALA LUMPUR (Nov 4): The controversial 600km East Coast Rail Line (ECRL) project, which is estimated to cost RM55 billion, is under the purview of the Economic Planning Unit (EPU) and not the ministry of transport (MoT), Parliament was told yesterday.
Recommend buy with a target price of 48.