Pos Malaysia eyes land monetisation
SHAH ALAM (Aug 18): Pos Malaysia Bhd, whose share price has risen 16% this month, is looking to monetise its land bank assets, said its group chief executive officer Datuk Mohd Shukrie Mohd Salleh.
Ferringhi Residence 2 Tower B 84% taken up over a weekend
PENANG (Aug 18): Tower B of Mah Sing Group Bhd’s Ferringhi Residence 2 in Penang recorded an 84% take-up rate over a weekend.
Matrix targets RM900 mil property sales in FY17
KUALA LUMPUR (Aug 18): Matrix Concepts Holdings Bhd is targeting more than RM900 million in property sales for the current financial year ending March 31, 2017 (FY17).
Kuala Lumpur Kepong’s 3Q earnings up 2.6%
KUALA LUMPUR (Aug 18): Kuala Lumpur Kepong Bhd’s (KLK) net profit rose 2.
SStwo Mall up for sale
ASIAN Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.
Paramount Corp's 2Q net profit up 70% on higher contribution from property division
KUALA LUMPUR (Aug 17): Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.
UCSI, Hartamas Real Estate roll out diploma in real estate programme
PETALING JAYA (Aug 16): UCSI College has teamed up with Hartamas Academy Resources Sdn Bhd — the training and development arm of Hartamas Real Estate Sdn Bhd — to offer the Executive Diploma in Real Estate (EDRE) programme to those interested in pursuing a career in real estate.
Tower REIT’s 2Q net income falls 6.36% on lower occupancy rate
KUALA LUMPUR (Aug 16): Tower Real Estate Investment Trust’s (REIT) second quarter net income fell 6.
UMLand’s corporate exercise to be completed by year end
UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.
