Magna Prima 2Q17 profit down 86.22%
Almost all of Magna Prima’s topline in 1HFY17 was derived from its property development division.
Serba Dinamik inks MoA to kick-start RM1.4 bil Pengerang project
Serba Dinamik Sdn Bhd entered into an MoA with Izin Budi Sdn Bhd to develop industrial and commercial projects on a 15.87-acre land parcel in Pengerang.
MRCB wins RM369 mil DASH job
DASH is a 20.1km three-lane dual carriageway connecting Puncak Perdana in Shah Alam to Damansara Perdana in Petaling Jaya.
Spring Gallery buys Klasik Ikhtiar to venture into PPA1M project
The project has a total gross development value (GDV) of RM144.48 million, on the back of gross development cost of RM126.88 million.
PavREIT to raise RM370.6m to fund RM580 mil Pavilion Elite buy
It is buying Pavilion Elite Mall from Urusharta (KL) Sdn Bhd, whose ultimate shareholders are Tan Sri Lim Siew Choon and Qatar Holdings LLC — both major stakeholders in PavREIT.
Gadang 4Q profit dips 3.5%, proposes three sen dividend
Looking ahead, Gadang said its construction division has an order book of RM1.5 billion, with RM136.2 million in unbilled sales for its property division.
Listing of manufacturing unit gives PRG room to focus on property development, construction
PRG can focus its financial resources on the RM5 billion gross development value affordable housing projects it plans to undertake with Syarikat Perumahan Negara Bhd.
AmProp extends JV with Grosvenor Group in Spain to 9 years
Amcorp Properties Bhd (AmProp) announced today that it has mutually extended validity of its 50:50 0real estate joint venture (JV) in Spain with Grosvenor Group Ltd to nine years, from five previously.
Tiger Synergy, LJ Development to develop RM80 mil GDV project in Klang
Tiger Synergy said the proposed JV allows it to expand the operation of its property segment and to complement the company’s existing business activities.
