Ibraco's 4Q net profit down 80%; still positive on property outlook
KUALA LUMPUR (Feb 24): Sarawak-based property developer Ibraco Bhd's net profit in the fourth quarter ended Dec 31, 2016 (4QFY2016) dropped 80% to RM3.
IOI Properties’ 2H sales to stay strong — analysts
KUALA LUMPUR (Feb 23): IOI Properties Group Bhd’s sales is expected to remain strong in the second half of the financial year ending June 30, 2017 (2HFY2017) on the back of its Trilinq condominium project in Singapore, said analysts.
IOI Properties posts higher earnings excluding previous FV gain
KUALA LUMPUR: IOI Properties Group Bhd posted a net profit of RM273.
Bukit Kiara Properties to shorten payment period for contractors
PETALING JAYA (Feb 20): There may be a slowdown in the property market but niche developer Bukit Kiara Properties Sdn Bhd (BKP) has recently announced that the processing of their contractors’ payments would be changed from once a month to every two weeks.
City Developments raises stake in Suzhou Global City Genway to 100%
SINGAPORE (Feb 16): City Developments says wholly-owned subsidiary, Global City International, has acquired an additional 30% stake in Suzhou Global City Genway Properties Co from Suzhou Industrial Park Genway Housing Development Group Co.
IOI Properties to launch up to RM2.5 bil worth of projects in 2017
PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.
Pine Properties, MJR Investment sign shareholders’ agreement for land development in IOI Resort City
PETALING JAYA (Jan 31): Pine Properties Sdn Bhd, a 99.
EPF emerges as substantial shareholder in IOI Prop
KUALA LUMPUR (Jan 26): The Employees Provident Fund board (EPF) has increased its stake in IOI Properties Group Bhd (IOI Prop) and emerged as one of the group's substantial shareholders, with 5.
TH Properties plans ventures into Jakarta and London in 2017
KUALA LUMPUR: TH Properties Sdn Bhd, a subsidiary of Lembaga Tabung Haji, is planning to venture into the property development scene in London and Jakarta this year, TH Properties chairman Datuk Azizan Abdul Rahman told TheEdgeProperty.
