MUI Properties gets UMA query after shares hit near four-year high
Cash-strapped MUI Properties has reported net losses for the third straight quarter in the third quarter ended March 31, 2024.
UOA REIT 2Q net rental income falls 22% on higher operating expenses; declares 2.9 sen distribution per unit
Its property operating expenses stood at RM11.
Analysts mixed on IOI Properties’ gearing impact
HLIB said that while the mall is currently loss making, it sees value in this acquisition.
Tropicana Corp sells Tropicana Gardens Mall for RM680 mil
Tropicana Corp: “This transaction aligns with the group's ongoing strategic initiatives to monetise its low-yielding landbanks and investment properties, providing the financial flexibility necessary to support future growth”.
Robert Kuok’s Allgreen Properties submits top bid for prime site near Singapore’s Orchard Road — Forbes
The magazine said that was higher than the S$660.
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Gather Properties to launch iGen Elite Programme to nurture young agents
In its 10th anniversary celebration last week, the agency also signed a new MOU with EdgeProp to expand its market reach and sharpen its competitive edge.
MUI Properties unit to sell freehold land in Port Dickson for RM81 mil cash
The land is currently categorised as agricultural land, and the buyer will be converting it to the medium industrial category.
Northern Solar, backed by Lagenda Properties, files for ACE Market IPO
The proposed IPO involves a public issue of 67.
IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish
TA Securities and Hong Leong Investment Bank (HLIB) said the net gearing of IOI Properties would substantially rise to 0.
