Hua Yang’s net profit declines 65.45% on lower revenue

Jan 17

KUALA LUMPUR (Jan 17): Hua Yang Bhd saw its net profit decline 65.

Opening of MyTOWN Shopping Centre postponed to March 16

Jan 17

PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.

CapitaLand’s divestment of Nassim seen as a positive

Jan 17

SINGAPORE (Jan 17): RHB is in favour of CapitaLand’s divestment of the remaining 45 units in the The Nassim for a total of S$411.

City Developments set to pounce on more acquisitions

Jan 17

SINGAPORE (Jan 17): City Developments is expected to pounce on more acquisition opportunities this year to capitalise on the current market weakness, says RHB.

Singapore's property sector is in recovery mode, despite TDSR

Jan 17

SINGAPORE (Jan 17): Singapore's residential home sales including executive condominiums reached 12,432 units in 2016, an improvement of 21% over 2015 levels.

M101 Holdings appoints China Huashi as Skywheel’s main contractor

Jan 17

KUALA LUMPUR (Jan 17): M101 Holdings Sdn Bhd has appointed China Huashi Enterprises Co, Ltd as the main contractor for the M101 Skywheel development, which carries an estimated gross development value (GDV) of RM1.

Healthy project pipeline ahead for construction segment

Jan 17

Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.

KIP Group to add five KiP brand retail centres within five years

Jan 17

KUALA LUMPUR (Jan 16): Integrated property developer Kepong Industrial Park Group better known as KIP Group will be adding another five hybrid community-centric retail centres under the KiP brand in Selangor, Negeri Sembilan, Pahang and Kedah over the next three to five years.