KUALA LUMPUR (April 21): The government will be inviting companies to bid for a billion ringgit worth of jobs for the Kuala Lumpur-Klang Bus Rapid Transit (BRT) project, as well as Phase 2 of the Klang Valley Double Track (KVDT) project, said Transport Minister Datuk Seri Liow Tiong Lai (pic).
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.
KUALA LUMPUR (April 20): Gadang Holdings Bhd posted a slight increase of 3% in net profit for the third quarter ended Feb 28, 2017 (3QFY17) to RM25.
KUALA LUMPUR (April 19): Paradigm Mall Johor Bahru (JB), which is set to open in November this year has secured more than 200 tenants to date.
KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.
KUALA LUMPUR (April 18): SkyWorld Development Group has invested RM3.
SINGAPORE (April 17): UOB Kay Hian is reiterating its “hold” recommendation on Ascott Residence Trust (ART) at a target price of S$1.
KUALA LUMPUR (April 17): The viability of Permodalan Nasional Bhd’s (PNB) move to merge two of its biggest property companies, S P Setia Bhd and I&P Group Sdn Bhd, depends on the way the synergy is executed, says a fund manager.
ACCORDING to CBRE’s 2017 Asia Pacific Occupier Survey, global economic uncertainty and a focus on cost savings are prompting MNCs to proactively adopt workplace strategies.
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