Tesco sells businesses in Thailand, Malaysia for US$10.6b
LONDON (March 9): Britain's biggest retailer Tesco said on Monday that it agreed to sell its businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of US$10.
Sunway Property creates record with first online property customisation and purchase system
KUALA LUMPUR (March 6): Sunway Property has launched the “First Property Customisation & Online Purchase System” in Malaysia for its integrated Sunway GRID project in Sunway Iskandar, Johor.
UEM Sunrise to sell non-strategic lands worth RM400-500m this year
KUALA LUMPUR (Feb 25): UEM Sunrise Bhd plans to divest its non-strategic lands worth RM400 million to RM500 million this year.
Roger Ng's trial transferred to High Court, may be combined with Goldman Sachs bond sale case
KUALA LUMPUR (Feb 25): Former Goldman Sachs banker Roger Ng Chong Hwa's trial for abetting the financial institution in the sale of guaranteed notes and bonds belonging to 1Malaysia Development Bhd (1MDB) will now be heard at the High Court.
Mah Sing aims for RM1.6b sales in 2020, launches ‘Easy to Own’ scheme to boost sales
KUALA LUMPUR (Feb 19): Mah Sing Group Bhd is targeting to secure RM1.
GuocoLand drops further into the red in 2Q
KUALA LUMPUR (Jan 10): GuocoLand (Malaysia) Bhd has dropped even deeper into the red for the second financial quarter ended Dec 31, 2019 (2QFY20), due to lower sales of completed units, as well as higher marketing costs.
Sunway Property sets RM2b sales target for 2020, focus on Singapore
SUBANG JAYA (Jan 7): Sunway Bhd’s property division, Sunway Property has set a sales target of RM2 billion in 2020.
LBS Bina up 2.06% on setting 2020 sales target of RM1.6b
KUALA LUMPUR (Jan 7): Shares in LBS Bina Group Bhd rose 2.
Property deals - Integra Tower, TRX, Renaissance KL are the deals of the decade
PETALING JAYA (Dec 28): The local property sector has seen more integrated developments, joint-venture developments, and relocation of foreign missions in the past decade, the Edge reported today.
Development land and industrial properties – star performers in 2019
PETALING JAYA (Dec 23): Property consultancy Knight Frank Malaysia has listed development sites and industrial properties as the star performers in Malaysia's commercial property segment in 2019 based on their decent transaction value growth.
