Sanichi buys Johor-based realty firm for RM8m
KUALA LUMPUR (April 10): Sanichi Technology Bhd is acquiring a 70% stake in a Johor-based realty company for RM8 million for potential profit contribution.
Pasukhas sees 4.68% stake cross off-market
KUALA LUMPUR (April 10): Pasukhas Group Bhd saw 38 million shares, representing a 4.
KWAP ceases to be WCT substantial shareholder
KUALA LUMPUR (April 9): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has ceased to be a substantial shareholder of WCT Holdings Bhd following the disposal of 7 million shares or a 0.
Symphony Life plans to raise up to RM146m via rights issue
KUALA LUMPUR (April 9): Symphony Life Bhd (SymLife) has proposed to undertake a one-for-one rights issue to raise up to RM146.
GE 14, potential interest rate hike key deterrents to property demand
PETALING JAYA (April 9): Uncertainties in the political landscape and a potential interest rate hike of 25 basis points will be the key deterrents to property demand in Malaysia, according to RHB Research Institute.
'Invest in yourself before investing in property'
KUALA LUMPUR (April 7): It is important to invest in yourself first before investing in a property, said Chur Associates founder and managing partner Chris Tan.
Hunting for bargains at the auction
Where does one find bargains in the real estate market? Property investors say: Look at property auctions.
DONE DEAL: Semi-detached industrial factory, Seksyen 32, Shah Alam
Rented for: RM14,500 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-388 0356) When: October 2017 Noteworthy: ● Land size: 15,000 sq ft ● Built up: 7,490 sq ft ● Empty unit ● 2-storey ● Lease started in January According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked it for its big land size area compared with their previous factory.
