IOI Prop 2Q earnings more than doubles on higher contribution from Chinese development projects
KUALA LUMPUR (Feb 27): IOI Properties Group Bhd’s second-quarter net profit more than doubled to RM214.
Stewart Labrooy: Government buildings' REIT will do very well
KUALA LUMPUR (Feb 21): Alpha REIT Managers Sdn Bhd chairman Datuk Stewart Labrooy said real estate investment trust (REIT) of government buildings would do very well, given the good location and quality of these assets.
Fire breaks out at TSH Resources' factory in Perak
KUALA LUMPUR (Feb 19): TSH Resources Bhd said a fire broke out at a factory owned by its wholly-owned subsidiary Ekowood International Bhd in Kawasan Perindustrian Gopeng, Perak yesterday.
JPPH expects property market to improve gradually from 2019
PETALING JAYA: The property market is expected to remain resilient in the first half of 2019 followed by a gradual improvement in market activity, said Valuation and Property Services Department (JPPH) director Ahmad Zailan Azizuddin.
Carless Jalan TAR may bring about revitalisation, say real estate players
KUALA LUMPUR (Feb 15): Real estate players are of the opinion that the 1km stretch closure to vehicles along Jalan Tuanku Abdul Rahman (TAR) would raise shop tenancy rates and revitalise the historical shopping thoroughfare.
Selangor Properties’ privatisation gets shareholders’ go-ahead
KUALA LUMPUR (Feb 15): Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.
Selangor Properties privatisation gets shareholders' nod
KUALA LUMPUR (Feb 14): Selangor Properties Bhd (SPB) said today shareholders have approved the proposed selective capital reduction and repayment (SCR) in the company after the majority of them voted for the resolution to privatise the group.
Perak Orang Asli dispute with logging company to be resolved by minister
PETALING JAYA (Feb 7): National Unity minister P Waytha Moorthy will solve a dispute between a logging company and Orang Asli residents who set up a blockade to prevent encroachment onto their settlement, said Jakoa.
Perak folk worry about 'hills cleared' for development, says report
IPOH (Feb 6): About 10ha of Kledang Saiong have been “cleared for an unknown project” and this is worrying folks here, said a report by The Star.
EPF sells Wisma KFC to S’pore’s Royal Group – report
PETALING JAYA (Feb 2): The Employees Provident Fund (EPF) is believed to have sold the 22-storey Wisma KFC on Jalan Sultan Ismail in Kuala Lumpur for RM130 million to Singapore’s Royal Group, reported The Edge Malaysia.
