Spring Gallery buys Klasik Ikhtiar to venture into PPA1M project
KUALA LUMPUR (Aug 3): Spring Gallery Bhd is planning to acquire developer Klasik Ikhtiar Sdn Bhd for RM3.
A world-class city underpinned by sustainability, wellness and liveability in the making
The 5,000-acre City of Elmina township situated along the Guthrie Corridor Expressway has been earmarked as the new growth corridor of the Klang Valley.
Fajarbaru plans launch of Rica Residence Kinrara in Puchong in next six months
KUALA LUMPUR (Aug 3): Fajarbaru Properties Sdn Bhd plans to launch the second of its Rica Residence series of residential high-rise projects called Rica Residence Kinrara in Puchong, Selangor in the next six months or so.
Bina Darulaman 2Q earnings slumps 83% on lower property, construction income
KUALA LUMPUR (Aug 3): Bina Darulaman Bhd's net profit for the second quarter ended June 30, 2017 (2QFY17) slumped 83.
Glomac plans 1-for-10 bonus issue
KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.
Strong interest for Sunway Subang industrial project
PETALING JAYA (Aug 2): Sunway Property has received more than a thousand registrants expressing their interest for its upcoming launch of an industrial development called Sunway Subang in Kampung Melayu Subang.
Analysts positive on Sime Darby's Seriamas stake disposal
KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.
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Malaysian architectural firm wins third prize at IDA for BSG Property’s sales gallery
PETALING JAYA (July 28): Penang-based architectural firm Eowon Architects Sdn Bhd has been awarded the third prize in the Architecture Categories Competition of the annual International Design Awards (IDA) for The Galleria project.
Sime Darby sells 40% stake in Seriemas for RM625 mil
KUALA LUMPUR (Aug 1): Sime Darby Bhd is disposing of its 40% stake in Seriemas Development Sdn Bhd to Permodalan Nasional Bhd (PNB) for RM625 million cash to monetise the seller's real estate assets.
Perennial-led consortium mulls en bloc sale of AXA Tower for S$1.65 bil
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than S$1.
