Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
SC registers EdgeProp as first property crowdfunding operator in Malaysia
PETALING JAYA (Sept 25): EdgeProp Sdn Bhd (EdgeProp) has been registered by the Securities Commission Malaysia (SC) as the first recognised market operator to establish and operate a property crowdfunding (PCF) platform in Malaysia, following the revision of the SC’s Guidelines on Recognised Markets in May 2019.
Kinsteel proposes share reduction and fundraising to regularise operations
KUALA LUMPUR (Sept 24): Practice Note 17 (PN17)-listed Kinsteel Bhd is seeking to regularise its operations as a going concern and has proposed a share reduction and fundraising.
Encouraging response for IOI Properties' Alanis launch at Warisan Puteri
SEPANG (Sept 24): IOI Properties Group Bhd saw keen interest from prospective buyers for its Alanis serviced apartment project at Warisan Puteri township in Kota Warisan, Sepang, Selangor.
Zeti denies she unilaterally appointed PNB's new group CEO
KUALA LUMPUR (Sept 24): Permodalan Nasional Bhd (PNB) group chairman Tan Sri Dr Zeti Aziz has denied that she decided the appointment of Jalil Rasheed as the new PNB president and group chief executive officer (CEO) on her own without any consultation.
Minority shareholders block Lafarge Malaysia’s RM3.5b RPTs with YTL
KUALA LUMPUR (Sept 24): Lafarge Malaysia Bhd’s (LMB) minority shareholders voted down a resolution that would have allowed the group to undertake recurrent related party transactions (RPTs) worth an aggregate RM3.
Retail and office occupancy rate stable in 1H2019
KAJANG (Sept 23): Decent take-ups of retail and office spaces in the Klang Valley supported the occupancy rate growth of the commercial sector in 1H2019, according to National Property Information Centre (Napic).
Sales of new and secondary homes improved, market outlook remains resilient: Napic
KAJANG (Sept 23): Property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H2015, the improved sales performance also signaling a resilient market outlook, according to data from National Property Information Centre (Napic).
Close to 40% of unsold completed properties were priced below RM400k
KAJANG (Sept 23): Close to 40% of the overhang residential properties recorded in the country are made up high-rise units priced below RM400,000, according to latest data released by the National Property Information Centre (Napic) today.
Kampung Baru redevelopment: RM850psf compensation offer a fair price, says Khalid
KUALA LUMPUR (Sept 23): Federal Territories Minister Khalid Abdul Samad has “defended” the price being offered as compensation to Kampung Baru landowners in the redevelopment of Kampung Baru.
