PNB foresees 'jump' in 4Q private investment gains from SP Setia-I&P merger
PUTRAJAYA (Sept 29): Permodalan Nasional Bhd (PNB) expects strong income growth in 2017’s fourth quarter (4Q) upon completion of SP Setia Bhd’s RM3.
Mah Sing hopes more flexible schemes for private projects in Budget 2018
KUALA LUMPUR (Sept 29): While Mah Sing Group Bhd lauds the government’s continuous initiatives to encourage homeownership, the developer hopes for more flexible schemes for private developers’ projects to be announced in the coming Budget 2018.
PNB sees good returns from possible London property sale
KUALA LUMPUR (Sept 29): Permodalan Nasional Bhd (PNB) has refuted allegations it is forced to sell two major properties in London, saying it may see lucrative gains at current market prices.
Kimlun up 3.67% on RM50m road job from Mah Sing
KUALA LUMPUR (Sept 29): Kimlun Corp Bhd rose 3.
AmProp plans to raise up to RM597m via rights issue
KUALA LUMPUR (Sept 29): Amcorp Properties Bhd (AmProp) plans to raise up to RM597.
Prices fell in these five Selangor housing estates
Housing estates in Selangor faced some price corrections last year, with transacted prices of landed homes in as many as 30 housing areas seeing more than 5% dip y-o-y, according to data from the National Property Information Centre’s (Napic) Property Market Report 2016.
DONE DEAL: Urbana Residences serviced apartment, Ara Damansara, Petaling Jaya
Sold for: RM625,000 (RM775 psf) Concluded by: Joseph Lim (REN 20125) of Hartamas Real Estate (OUG) Sdn Bhd (010-225 6293) When: May 2017 Noteworthy: ● Built-up: 807 sq ft ● Mid-level unit facing southwest ● 2-bedroom and 2-bathroom unit ● Leasehold ● Partly furnished with wardrobe, kitchen cabinet, hob and hood, washer and dryer, water heater and air-conditioning units Urbana Residences is one of the newest serviced apartment projects in Ara Damansara, Petaling Jaya.
SYF Resources' 4Q net profit falls 43.4% on raw material shortage, cost increase
KUALA LUMPUR (Sept 28): SYF Resources Bhd said its fourth quarter net profit fell 43.
Damansara Realty bags RM5m contract renewals from TM
KUALA LUMPUR (Sept 28): Damansara Realty Bhd has secured the renewal of five contracts from Telekom Malaysia Bhd for integrated facilities management (IFM) services worth RM5 million.
Mah Sing gets Kimlun to build connecting road from Meridin East to highway
KUALA LUMPUR (Sept 28): Mah Sing Group Bhd has awarded a RM50 million contract to Kimlun Corp Bhd to build a connecting road to the Tanjung Langsat–Cahaya Baru Toll Connecting Highway in Johor.
