News about update

KUALA LUMPUR (Feb 5): OSK Property Holdings Bhd has partnered with RHB Banking Group to roll out an enhanced green financing scheme aimed at supporting environmentally responsible homeownership in Malaysia.

KUALA LUMPUR (Feb 5): IOI Properties Group Bhd (KL:IOIPG) may book a massive income gain from industrial land to be sold at a large premium, analysts said, sending its stock higher on Thursday.

KUALA LUMPUR (Feb 4): Permodalan Nasional Bhd (PNB), one of the substantial shareholders of IJM Corporation Bhd (KL:IJM), will evaluate the takeover offer for the construction company before making any decision, Deputy Prime Minister Datuk Seri Fadillah Yusof (pictured) said on Wednesday.

SELANGOR (Feb 4): IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.

PENANG (Feb 4): Mah Sing Group has been appointed as the financier to support the revival and completion of two Rumah Mutiaraku (RMKU) affordable housing projects in Balik Pulau, Penang, namely Pangsapuri Sri Bayu and Pangsapuri Quinton.

KUALA LUMPUR (Feb 4): Lagenda Properties Bhd (KL:LAGENDA) is about to see an acceleration in earnings over the next two years from robust demand for affordable homes, said CGS International.

KUALA LUMPUR (Feb 4): Sarawak Consolidated Industries Bhd (KL:SCIB) has cancelled its RM49 million financing facilities after the board determined that the facilities were no longer required following the group’s disposal of its indirect wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM).

KUALA LUMPUR (Feb 4): AME Elite Consortium Bhd (KL:AME) has secured a RM214.

KUALA LUMPUR (Feb 4): Glomac Bhd has announced the appointment of FD Idzham Datuk Seri FD Iskandar, 28, as group executive director, effective Feb 3, marking the entry of the third generation into the property developer’s leadership.

KUALA LUMPUR (Feb 4): GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.