IGB REIT's 2Q NPI up 1.6% y-o-y on higher rental income
KUALA LUMPUR (Aug 2): IGB Real Estate Investment Trust's (IGB REIT) net property income (NPI) for the second quarter ended June 30, 2017 (2QFY17) rose 1.
Glomac plans 1-for-10 bonus issue
KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.
Metronic Global extends special audit period till Aug 19
KUALA LUMPUR (Aug 1): Metronic Global Bhd announced that it has extended the special audit it launched in May to review certain projects and transactions undertaken by the group till Aug 19.
Auditor casts going concern doubts on Karambunai
KUALA LUMPUR (July 31): Karambunai Corp Bhd's external auditor has highlighted a material uncertainty in the group's financial statements that may cast significant doubt on its ability to continue as a going concern.
New 22km cycling path opens in Medini City
JOHOR (July 31): Medini Iskandar Malaysia Sdn Bhd has opened a 22km cycling path in Medini City in Iskandar Puteri, Johor last Thursday.
Developers’ shrinking unbilled sales not quite a concern
KUALA LUMPUR (July 31): The contraction in unbilled sales in the past one year may not pose that much of a concern to property developers’ earnings.
Asia-Pacific retailer expansion declined in 2016 while outlook remains challenging
The total number of new retailer entrants to Asia Pacific last year registered the first decline since 2012.
Townhouses from as low as RM222,888 at Kota Seriemas
PETALING JAYA (July 28): PNB Development Sdn Bhd (PNBD) is offering townhouses in Kota Seriemas known as Cempaka Seri Townhouse with prices ranging from RM222,888 to RM493,888.
Melawati Mall targets 80% occupancy by year end
PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.
