UOA Development acquires land in Sri Petaling for RM61m for mixed development
KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.
IOI Properties 2Q net profit plunges 60% on lower overseas project contribution, impairment loss
KUALA LUMPUR (Feb 24): IOI Properties Group Bhd's net profit plunged 60% to RM109.
SC charges duo for insider trading involving Johor Land shares in 2009
KUALA LUMPUR (Feb 22): Securities Commission Malaysia (pictured) today charged two individuals at the Kuala Lumpur Sessions Court for insider trading involving the shares of Johor Land Bhd (JLand) in 2009.
Al-Aqar REIT announces 3.95 sen DPU as 4Q net income jumps 87%
KUALA LUMPUR (Feb 21): Al-Aqar Healthcare Real Estate Investment Trust's (Al-Aqar REIT) net income rose 87% year-on-year to RM48.
MP Corp tumbles on getting winding-up petition from RHB Bank
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp) shares tumbled 33.
Strict regulations needed for buildings in M’sia, says PAM
PETALING JAYA (Feb 20): The recent collapse of a hotel wall at Bukit Tinggi, Pahang, underscores the need for all building structures in Malaysia to be strictly regulated, said the Malaysian Institute of Architects (PAM) in a statement today.
Penang’s The Rice Miller project seeks saviours
PETALING JAYA (Feb 19): The receivers and managers of Asian Global Business Sdn Bhd, the developers of The Rice Miller Hotel and Residences project in George Town, Penang, are looking for white knights to rescue the project, reported The Edge weekly.
KLK’s 1Q net profit shrinks as plantation, property earnings weaken
KUALA LUMPUR (Feb 13): Kuala Lumpur Kepong Bhd (KLK)’s net profit fell 11% to RM320.
More surveys needed to assess affordable housing need, says World Bank
KUALA LUMPUR (Feb 12): More consumer surveys should be done to collect detailed data in order to understand the true needs of affordable housing in Malaysia, said the World Bank.
