MBSB active, up 2.78% on getting go ahead for M&A talk with AFB
KUALA LUMPUR (Dec 22): Malaysia Building Society Bhd (MBSB) rose 2.
Mitrajaya bags RM159.39 mil job in Johor
KUALA LUMPUR (Dec 21): Mitrajaya Holdings Bhd has bagged a RM159.
Bank Negara okays MBSB's merger talks with AFB
KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.
Amanah Raya Bhd aims to double ARREIT’s fund size in 3 to 5 years
KUALA LUMPUR (Dec 19): The strategic collaboration between Amanah Raya Bhd and Japan’s largest independent real estate asset management company Kenedix Inc, will enhance its real estate investment trust (REIT) segment and double the fund size or asset value of AmanahRaya REIT (ARREIT) from RM1 billion to RM2 billion, within three to five years.
TRIplc up after Puncak Niaga says buying entire stake
KUALA LUMPUR (Dec 19): TRIplc Bhd rose as much as 29 sen or 14% on news Puncak Niaga Holdings Bhd is purchasing the entire stake in TRIplc for RM210 million cash.
JKG Land plans 2 for 1 rights shares to raise up to RM151.7 mil to fund property projects
KUALA LUMPUR (Dec 15): Property developer JKG Land Bhd proposes a rights issue of 1.
Ekovest brushes aside ringgit concerns in relation to highway project
KUALA LUMPUR (Dec 16): The weak ringgit against the US dollar is not expected to have a major impact on the construction of Ekovest Bhd’s Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway (DUKE) Phase 3.
KUB: RM1.23 bil rail JV terminated
KUALA LUMPUR (Dec 15): KUB Malaysia Bhd said the mutual termination of the RM1.
Oxley officially launches Convention City in Batam
SINGAPORE (Dec 14): Property developer Oxley Holdings has officially launched the first phase of its 20,000 sq m Oxley Convention City in Batam, Indonesia.
Greater KL development negative for property and REITs, says HLIB Research
KUALA LUMPUR (Dec 14): The Greater Kuala Lumpur development has been deemed as being negative for the property sector and real estate investment trusts (REITs) by Hong Leong IB Research.
