Hektar REIT banks on turnover lease
Retail-focused trust manages rental pressures by charging according to tenants’ sales.
Titijaya 4Q net profit up on contribution from completed projects
Titijaya said the increase in net profit was mainly attributed to the group's completed projects during the financial year, namely 3Elements, Seri Alam Phase 1 & II, Zone Innovation Park and progressive recognition from project H2O.
Yong Tai’s 4Q profit stronger with en-bloc sale at Impression Melaka
Revenue surged 24 times to RM67.24 million from RM2.78 million, thanks mainly to the en-bloc sale of 262 retail lots in Terra Square, a commercial mall fronting its Impression Melaka theatre.
IKEA to set up RM908 mil regional hub in Malaysia
The centre will adopt the structure and technology of IKEA’s biggest regional distribution centre in Germany and will be one of the company’s largest regional distribution centres globally.
IGB Corp sees 41% profit jump in 2Q
The revenue fall was due to the property development division’s weaker contribution as it had not launched any new projects because of weak sentiments.
Mah Sing takes home 2 awards at The Edge BRC
Mah Sing has reported an asset turnover ratio of 49% on average for the past five years.
S P Setia wins silver for highest growth in profit after tax at The Edge BRC Awards 2017
The award is evaluated based on the company's compound profit before tax growth for a period of three years, whereby S P Setia did not pose any losses throughout the period.
S P Setia RM4 bil sales target achievable — analysts
Hong Leong said S P Setia sold RM2.1 billion worth of properties during the first half ended June 30, 2017 (1HFY17).
Higher Battersea cost due to building envelope
Changes in design, inflation, fluctuation in exchange rate also play a role — S P Setia
Sunway names Idris Jala as co-chairman
The appointment is with immediate effect, according to Sunway's announcement on Bursa Malaysia today.
