Tiong Nam’s 4Q net profit surges over 11 times on fair value gain from warehouse investment
Quarterly revenue rose 4.
Quarterly revenue rose 4.
In Kuala Lumpur City (KLCC), which include the Golden Triangle area and the older central business district, there are currently 31.
The EPF will invest up to 70% stake in the joint venture company, ALP BR (Malaysia) Sdn Bhd.
IJM’s indirect subsidiary Asas Panorama Sdn Bhd had recently entered a joint venture (JV) agreement with CHEC — a subsidiary of China Communications Construction Company — for the development of Malaysia-China Kuantan International Logistics Park (MCKILP), according to a joint statement by IJM, CHEC and MCKILP Under the agreement, CHEC will hold an equity interest of 51% in the new JV company, while Asas Panorama will hold the remaining 49% equity interest.
SINGAPORE (Oct 12): The manager of CapitaLand China Trust (CLCT) is planning to acquire four assets in China worth close to S$298 million (RM915 million), reported Business Times Singapore.
Two years ago, the older generations used to scorn the physically-detached virtual world, but the pandemic has changed that.
PETALING JAYA (Sept 29): Sime Darby Property (SD Property) and Asia Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture company to establish a fund management platform to invest and develop “built-to-suit to lease or sell” industrial and logistic assets in Malaysia.
KUALA LUMPUR (Aug 20): Tiong Nam Logistics Holdings Bhd has secured a long-term lease for its upcoming warehouse in Senai Airport City in Johor, where it will be setting up a new distribution hub for an unnamed multinational company (MNC) client.
Not every player in the real estate sector is struggling to stay afloat.
KUALA LUMPUR (Aug 6): Tiong Nam Logistics Holdings Bhd’s subsidiary Tiong Nam Logistics Solutions Sdn Bhd (TNLS) is buying two plots of vacant land measuring approximately 20ha (50 acres) and five ha (12.