Glomac says broken retention pond not within its township
Glomac Bhd has clarified that the recent flash floods caused by a barrier breach in Taman Seri Alam was not within its township Bandar Saujana Utama.
Binastra may be preferred contractor for property projects worth RM10b, Mercury starts coverage on 'buy'
Binastra Corporation Bhd (KL:BNASTRA) may be the preferred contractor for property projects worth RM10 billion in gross development value over the next three years, Mercury Securities said.
Keppel DC REIT divests Basis Bay Data Centre in Cyberjaya at 2.6% above valuation
The manager of Keppel DC REIT has announced it is divesting the Basis Bay Data Centre in Cyberjaya, Selangor Darul Ehsan, Malaysia for RM55.6 million (S$16.9 million).
Property stocks may see rising valuations as investors watch for recurring income, says RHB IB
Malaysia’s property developers may see their valuations rise further even after 2024’s strong rally, with stocks in the high-risk-high-return sector continuing to perform, said RHB Investment Bank.
Ho Chi Minh City: A learning ground for Rehda Institute and Malaysian real estate ventures
The pace of change and grind in Ho Chi Minh City is undeniable—almost every worker you meet will tell you that having multiple income streams is a way of life.
Redevelopment can be helmed by owners themselves without URA’s decree
The National House Buyers Association (HBA) has written numerous articles on the repercussion, ramifications and possible ills of the Urban Redevelopment Act (URA) proposed by the Ministry of Housing and Local Government (KPKT), which is considering a consent threshold as low as 75%.
Sunway REIT completes Kluang Mall acquisition
Sunway Real Estate Investment Trust (KL:SUNREIT) said on Thursday that it has completed the acquisition of Kluang Mall in Johor for RM158 million.
Ecobuilt faces trading suspension from Jan 9 after failing to submit annual report
Ecobuilt Holdings Bhd (KL:ECOHLDS) has until Jan 8 to submit its annual report for the financial financial year ended Aug 31, 2024, failing which the trading of its securities will be suspended the following day (Jan 9).
KLCCP’s unit upsizes sukuk programme to RM2 bil, issues RM600 mil sukuk
KLCC Property Holdings Bhd’s (KLCCP) (KL:KLCC) wholly owned unit Suria KLCC Sdn Bhd has upsized its sukuk murabahah programme to RM2 billion from RM600 million.
MUI group continues to unlock asset value
Andrew Khoo Boo Yeow, the son to whom Tan Sri Khoo Kay Peng passed the baton six years ago, has been in the thick of action to unlock the MUI group’s asset value over the past two years.
