Ekovest up, but IWCity down sharply after shareholders reject takeover plan
KUALA LUMPUR (March 29): Ekovest Bhd's share price climbed four sen or 4.
Ekovest fails to get shareholders nod for IWCity takeover
KUALA LUMPUR (March 29): Ekovest Bhd said the construction, infrastructure and property company's shareholders had not approved its proposed takeover offer of Iskandar Waterfront City Bhd (IWCity) at RM1.
Housing loans make up half of household debt, reflects affordability issues
PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.
Vivocom active, jumps 7.14% on teaming up with CREC Shanghai
KUALA LUMPUR (Mar 27): Vivocom Intl Holdings Bhd jumped 7.
Malaysia property shares hit by weaker broader market sentiment
KUALA LUMPUR (March 26): The Bursa Malaysia property index fell 8.
Gamuda posts higher 2Q profit with stronger construction, property contributions
KUALA LUMPUR (March 24): Higher construction work progress and stronger overseas property sales boosted Gamuda Bhd's net profit in its second quarter of financial year 2018 (2QFY18), which grew 27% to RM211.
Sime Darby and Battersea Power Station launch new retail mall in London
KUALA LUMPUR (March 23): Battersea Power Station Development Co is today launching London’s newest retail and leisure destination — Battersea Power Station.
Country Garden Holdings achieves record sales in China in FY17
PETALING JAYA (March 22): Country Garden Holdings Co Ltd saw its contracted sales rise 78.
Trive Property sells assets at a loss for working capital
KUALA LUMPUR (March 22): Trive Property Group Bhd is disposing of a 2.
Malaysian REITs down as investors turn cautious
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
