IJM Corp’s order book, unbilled sales seen supporting FY19-FY21 earnings
IJM Corp Bhd (Aug 29, RM1.
KIP REIT buys Aeon Mall Kinta City, Ipoh for RM208m
KUALA LUMPUR (Aug 29): KIP Real Estate Investment Trust (KIP REIT) is buying the Aeon Mall Kinta City, a four-storey building, 60,230 sq m property in Jalan Teh Lean Swee, Ipoh, Perak for RM208 million cash.
Housing bubble or housing cycle?
Malaysian house prices are in continuous upward trend since 1990.
Sime Darby Prop eyes up to 10% recurring income contribution
KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.
PMO: Property purchase doesn’t promise automatic residency in M'sia
PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.
Sime Darby Property 4Q net profit drops 86%, declares 3 sen dividend
KUALA LUMPUR (Aug 28): Sime Darby Property Bhd's net profit plummeted 85.
Sunsuria 3Q net profit falls 20% on lower revenue
KUALA LUMPUR (Aug 28): Sunsuria Bhd's net profit fell 20% to RM25.
IOI Properties 4Q profit down 21.3% to RM264.99m
KUALA LUMPUR (Aug 28): IOI Properties Group Bhd’s fourth-quarter (4Q) net profit dropped 21.
CEP report ‘never meant for publication’
KUALA LUMPUR (Aug 28): The 100-day report by the Council of Eminent Persons (CEP) was never meant to be published for the public, said economist Dr Jomo Kwame Sundaram.
Ewein 2Q net profit soars 273% on higher property sales
KUALA LUMPUR (Aug 27): Ewein Bhd's second quarter net profit increased 273% to RM11.
