CLMT’s 1Q net property income jumps 63% to RM64m, DPU up 37%
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
I-Bhd to raise RM100m from preference share issue
The proposal calls for the issuance of up to 100 million redeemable preference shares to Sumurwang Sdn Bhd at RM1 apiece, according to an exchange filing.
AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
Suria KLCC shrugs off competition from new malls, with occupancy rate hitting 98% at end-2023
Suria KLCC recently become a wholly owned subsidiary of KLCCP, after it bought the remaining 40% stake in the mall for RM1.
OCR Group inks JV agreement for residential development in Rawang
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
Mah Sing's land acquisition for M Azura has become unconditional
M Azura will be accessible via Jalan Genting Kelang, the Middle Ring Road 2, Duke Expressway and Jalan Tun Razak.
YNH aborts sale of Segambut land, appoints Chin Hin Group Property to develop it instead
Chin Hin is to develop a 2,434-unit serviced apartment on the plot, which it estimated will cost about RM575 million.
Haily shares near all-time high after securing RM109.5m housing job
Currently, the stock is not covered by any analysts.
France-based eolane launches RM45 mil facility in Kulim Hi-Tech Park
eolane chose Kulim Hi-Tech Park in Kedah because “the state has the right infrastructure, talent, and capabilities to meet the demands of the manufacturing industry,” said chief executive officer Olivier Clement.
Inta Bina bags RM170m serviced apartment job in Country Heights
The job scope involves the development of two blocks of serviced apartments, one podium block comprising parking lots and facilities, as well as a guard house in Tropicana Metropark, Country Heights.
