Scientex's 2Q net profit sees slight improvement on increased revenue
KUALA LUMPUR (March 22): Stretch film maker Scientex Bhd’s net profit grew 1% to RM65.
TRX City and Lendlease move on with plans to develop TRX Lifestyle Quarter
KUALA LUMPUR (March 22): TRX City Sdn Bhd’s agreements with its joint venture partner Lendlease Corp to develop the Lifestyle Quarter (pictured) at the Tun Razak Exchange (TRX) in Kuala Lumpur, are now unconditional.
Mapletree raises equity of US$535 mil for inaugural student accommodation private trust
SINGAPORE (March 21): Mapletree Investments announced Tuesday that it has successfully closed the Mapletree Global Student Accommodation Private Trust (MGSA P-Trust).
Sime Darby Property’s Harmoni 1 launched with prices from RM170,000
SUBANG JAYA (March 21): Sime Darby Property, the property arm of Sime Darby Bhd, has unveiled its second Rumah Selangorku project, Harmoni 1, located in Putra Heights, Subang in Selangor.
First citizenM hotel in Malaysia to open in KL next year
PETALING JAYA (March 21): The first citizenM (pictured) hotel in Malaysia will open its doors in the Bukit Bintang area in Kuala Lumpur next year.
IOI Properties rights issue oversubscribed by 136.73%
KUALA LUMPUR (March 21): IOI Properties Group Bhd’s rights issue has been oversubscribed by 136.
Two condo sellers reap profits of more than S$2 mil
TWO sellers made profits of more than S$2 million (RM6.
e-Lelong online auction to begin in end-March with pilot project
PETALING JAYA (March 20): The online property auction platform e-Lelong for court auctions will be officially launched before the month is out.
Engineering and construction remain Bintai Kinden’s main focus
KUALA LUMPUR (March 20): Bintai Kinden Corp Bhd has decided to focus on its core businesses of mechanical and electrical (M&E) engineering services as well as construction for now to ensure profitability.
