Asian Pac banks on property launches in Klang Valley and Johor to weather challenging FY16
KUALA LUMPUR (Sept 21): Asian Pac Holdings Bhd is banking on three product launches in the Klang Valley and Johor to ride out the challenging year ahead.
Eco World’s sales on track with major drivers from Klang Valley projects
Eco World Development Group Bhd (Sept 18, RM1.
‘Nexgram’s RM47 mil consultation fee is justifiable’
KUALA LUMPUR (Sept 21): Nexgram Holdings Bhd’s RM47 million consultation fee, a sum that will grow as the company’s two property development projects in Dengkil and Cyberjaya progress, is justifiable, said its group executive director Alan How.
Ara Damansara set to mature
ARA DAMANSARA, Selangor is a relatively new and affluent township that is becoming increasingly popular among city dwellers in the Klang Valley.
UEM Sunrise plans to issue RCPS instead of new shares to raise up to RM793 mil
KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.
Glomac sees flattish 1Q profit amid soft property market
KUALA LUMPUR (Sept 17): Glomac Bhd’s net profit for the first quarter ended July 31, 2015 (1QFY16) came in almost flat at RM21.
Perth-based Psaros introduces two projects to Malaysians
PETALING JAYA (Sept 17): Perth-based property developer Psaros will be introducing two residential projects in Australia, namely Sundance and Edge, to Malaysian investors this weekend.
Management, residents at loggerheads over fees in Ayer Itam
GEORGE TOWN (Sept 17): A property management agent has agreed to review its proposed hike in maintenance fees for five blocks of flats from Desa Mawar in Ayer Itam, near here, following objections from the residents.
PROPERTY SNAPSHOT 4: What’s hot in Subang/Ara Damansara?
This is the final part in a series of four snapshots on Subang and Ara Damansara.
