Preparing well for the Covid storm
Has its sales figures been shrunken by the stop work orders due to the pandemic? Yes.
Scientex says FY21 net profit up 17.2% y-o-y to RM457m on record revenue, declares five sen dividend
KUALA LUMPUR (Sept 29): Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.
Eco World Development surpasses FY21 sales target as 9M net profit up 59.19%
KUALA LUMPUR (Sept 17): Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2021 (3QFY21) dipped marginally by 1.
IGB Commercial REIT prices institutional offering at 71 sen per unit
KUALA LUMPUR (Sept 3): IGB Commercial Real Estate Investment Trust (REIT) has fixed 71 sen as the price for the institutional portion of its initial public offering (IPO), notably lower than the indicative price of 83 sen apiece set for its book-building exercise.
Covid-19: More hotels up for sale
KUALA LUMPUR (July 31): Covid-19 and the numerous movement control restrictions imposed since March last year have no doubt badly impacted the hospitality industry and forced many owners to put up their hotels for sale.
Limited impact from lockdown
While the ongoing Full Movement Control Order (MCO) which started on June 1, 2021 is expected to negatively impact Kuala Lumpur’s prime residential property market, Knight Frank Malaysia’s executive director of Research & Consultancy Judy Ong believes the impact will not be significant.
Investment sales rebound across Singapore’s real estate sectors in 2Q2021
SINGAPORE (July 23): Singapore’s residential market climbed 96.
Increasing sales and lettings in London prime market, says Knight Frank
PETALING JAYA (July 1): The annual price growth in prime outer London jumped to 3.
What’s next for UDA Holdings?
Bringing over 25 years of experience in the property development industry, Mohd.
Maybank IB: Weaker 2Q property sales expected but sector on track to recover
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .
