Matrix Concepts’ dividend yield remains attractive at 6%
Matrix Concepts Holdings Bhd (May 23, RM2.
Matrix Concepts Holdings Bhd (May 23, RM2.
ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.
KUALA LUMPUR (May 23): Landmarks Bhd's net loss widened to RM6.
KUALA LUMPUR: Tropicana Corp Bhd is set to report strong quarterly earnings in the remaining quarters of the year, an analyst said, as it unlocks the value of its land bank in the Klang Valley, as well as in the northern region.
• This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.
PETALING JAYA (May 21): Contractor turned property developer CK East Group is looking to officially launch Rencana TTDI, a commercial project on a two-acre Malay reserve parcel in Taman Tun Dr Ismail, Kuala Lumpur, within two months.
Hua Yang Bhd (May 19, RM1.
Rented for: RM10,000 Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604) When: March 2016 Noteworthy: • Freehold • Built-up: 5,200 sq ft • Land size: 8,200 sq ft • 6 rooms • 7 bathrooms • Comes with a swimming pool • Leased for two years • Partially furnished with lights, wardrobes and curtains According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the property is located along Jalan Beka, which has guards around the clock, thus ensuring the safety of its residents at all times.
PETALING JAYA (May 19): Property developer Juta Asia Corp and Singapore’s CapitaLand will hold a preview for the genKL condominium development, which comprises 332 units, in Kuchai Lama at Bangsar South this weekend, said CapitaLand Malaysia in a press release on behalf of both parties.
PETALING JAYA (May 19): Mah Sing Foundation, a charitable trust established by property developer Mah Sing Group Bhd, contributed RM100,000 to DAYBREAK Society recently, the group announced in a press release.