Ekovest up, but IWCity down sharply after shareholders reject takeover plan
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
KUALA LUMPUR (March 29): Capitaland Malaysia Mall Trust (CMMT) has budgeted some RM80 million to enhance four of its five shopping malls in Malaysia this year.
KUALA LUMPUR (March 29): Ekovest Bhd said the construction, infrastructure and property company's shareholders had not approved its proposed takeover offer of Iskandar Waterfront City Bhd (IWCity) at RM1.
PETALING JAYA (March 29): All stakeholders, particularly the public and property developers, need to be educated on their responsibilities in strata living and management.
JOHOR BAHRU (March 29): Swedish furniture maker IKEA is eyeing a third store in the capital of Malaysia but there is no timeline as to when the development will be announced.
KUALA LUMPUR (March 28): Titijaya Land Bhd is buying shares of a loss-making privately-owned property company that owns a 27,550 sq m piece of land in Ampang here, for RM9.
PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.
PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.
PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.
KUALA LUMPUR (March 28): The graft trial of Penang chief minister Lim Guan Eng’s (pictured) was yesterday postponed to April 9.