Penchala 188 Residency: Architect-Led Urban Living in Kuala Lumpur’s Green Corridor
Penchala 188 Residency marks the debut development by GDP X Properties Sdn.
Ivory Properties to be delisted on Oct 14 after Bursa rejects regularisation plan extension
Ivory Properties will continue to operate as an unlisted entity following its delisting.
EPF ceases to be substantial shareholder in IOI Properties after selling 100 mil shares
The sale reduced EPF’s shareholding in the property developer to 4.
Topping out marks progress for COVO in 16 Sierra township
The RM367 million COVO features 601 serviced apartment units across a 38-storey high-rise (Tower A) and a low-rise residential block (Tower B).
Singapore's CDL completes South Beach stake sale to IOI Properties for RM2.75b
This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.
Lagenda Properties ceases to be substantial shareholder in Northern Solar
Lagenda Properties offloaded 30 million shares, or a 7.
IOI Properties Group reports 13.7% revenue growth in 4Q, announces 8 sen dividend
The notable improvement was supported by stronger performance in the property development segment and the Group’s strategic expansion into the hospitality & leisure segment.
Ivory Properties’ unit under receivership after default
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
Ivory Properties CEO Low Eng Hock resigns amid MBI probe; delisting looms
Further compounding Ivory’s challenges, the company also announced on Aug 21 that Bursa Securities had rejected its application for an additional extension of time to submit its regularisation plan.
MUI Properties declares eight sen special dividend on Negeri Sembilan land sale
MUI Properties announced plans to pay out dividends from the sale just last week, after it varied the utilisation of proceeds “to reward its shareholders by returning capital to its valued shareholders for their continuous support while continuing to invest in MUI Properties Group’s future”.
