PN17 Ivory Properties faces suspension, de-listing after Bursa rejects extension request
As a result, trading in Ivory’s securities will be suspended effective Aug 29, and the company will be de-listed on Sept 3, unless an appeal is submitted.
Ivory Properties says group CEO cooperating with MBI investigations
Ivory Properties has been in Practice Note 17 (PN17) status since 2022 after its auditor flagged its ability to continue as a going concern.
Turiya Properties to buy vacant Wisma Sentral Inai for RM135 mil, funded by chairman’s cash injection
Turiya, in a filing with Bursa Malaysia, said it is buying the 31-year-old office building from Sentral Real Estate Investment Trust (REIT) (KL:SENTRAL) to boost revenue, quickly attract tenants, and diversify income away from its semiconductor business.
Investors may have missed IOI Properties' improving earnings outlook, CGS International says
The potential listing of two real estate investment trusts (REITs), which CGS International is confident will materialise, will lower IOI Properties’ gearing levels, the house noted.
Bank Islam secures summary judgement against Ivory Properties over RM17.76 mil loan
The High Court’s decision followed Bank Islam’s application under Order 14 of the Rules of Court for the summary judgement against Ivory Properties, according to Ivory Properties’ bourse filing on Thursday (June 19).
IOI Properties to take full ownership of Singapore’s South Beach development in RM2.75b deal with CDL
The group's wholly owned IOI Consolidated (Singapore) Pte Ltd has inked a conditional share sale agreement with Ascent View Holdings Pte Ltd to acquire the stake in Scottsdale Properties Pte Ltd, the holding company of South Beach Consortium Pte Ltd, which owns the development.
IOI Properties partners RHB to introduce home and green financing products
Under RHB Green Residential Property Loan/Financing, home purchasers can opt for loan/financing margins of up to 95% (inclusive of entry cost financing), with an additional 5% to finance MRTA/MRTT coverage.
IOI Properties' 3Q profit more than halves on higher interest expense
The group recorded net interest expense of RM100.
Wereg Properties sees 40% growth in 2024, expands regionally
The company is exploring local and international project-based sales, potentially through partnerships with developers.
Gather Properties achieves new heights in performance
This 11th Awards Appreciation Night was not only a celebration of Gather Properties' achievements but also a stage for its agents to showcase their success.
