IOI Properties reports lower 4Q net profit despite revenue increase, pays lower dividend
KUALA LUMPUR (Aug 29): IOI Properties Group Bhd has reported a lower net profit for the fourth quarter ended June 30, 2020 (4QFY20) despite a rise in revenue.
1MDB: Goldman Sachs pays govt RM10.4b, says report
KUALA LUMPUR (Aug 28): The Goldman Sachs Group has made the US$2.
Sime Darby Property targets RM1.4b in sales for FY2020
PETALING JAYA (Aug 27): Sime Darby Property is setting a lower sales target of RM1.
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Covid-19: Poor SOP compliance in Ampang Jaya
KUALA LUMPUR (Aug 27): Less than 30% of businesses in Ampang Jaya here complying with National Security Council standard operating procedures (SOP) to stem the Covid-19 pandemic, The Star reported today.
UOA Development’s 2Q net profit shrinks on MCO impact
KUALA LUMPUR (Aug 26): UOA Development Bhd’s net profit fell 81.
Sime Darby Property swings to loss in 2Q
KUALA LUMPUR (Aug 26): Sime Darby Property Bhd reported today a second quarter net loss of RM81.
Paramount swings to loss in 2Q from pandemic impact
KUALA LUMPUR (Aug 25): Property developer Paramount Corp Bhd slipped into the red in the second quarter ended June 30, 2020 (2QFY20), posting a net loss of RM3.
Tropicana Corp 2Q profit rises after disposal of JB land
KUALA LUMPUR (Aug 20): Tropicana Corp Bhd’s second quarter net profit jumped 371% from the immediate preceding quarter, thanks to the disposal of two parcels of freehold land in Johor Bahru for RM248.
APAC office markets to favour tenants, growth anticipated in popular occupier centres, says Colliers
HONG KONG (Aug 18): Amid the Covid-19 pandemic, office markets in Asia Pacific (APAC) will favour tenants for up to three years, according to Collier’s Asia Pacific Office Markets: 1H2020 Review and Five-Year Outlook report released today.
Not all gloom and doom in the industrial property market
The Covid-19 pandemic almost paralysed Malaysia during the Movement Control Order (MCO) lockdown period for six weeks from March 18, but business owners are optimistic that the market is gradually resuming its pace especially in the current Recovery MCO.
