Al-Salam REIT is seeking to raise gross proceeds of RM252.36 million arising from the issuance of 252.36 million offer units, based on an offer price of RM1 per unit, which will account for 43.5% of the trust.
For the 12 months to 3Q2014, just over half (52.8%) of all non-landed properties transacted in Kota Damansara were within the RM400,001 to RM500,000 price range.
TA Securities senior analyst Ooi Beng Hooi is of the view that the TMP project will provide earnings visibility for Gamuda in the medium term
Kota Damansara started with mostly low and medium-cost housing developed by the Selangor state property arm, in the 1990s. With more amenities added and the entry of private developers, property prices have increased sharply and the neighbourhood is becoming more upmarket.
In a filing on Bursa Malaysia today, Hektar REIT said its revenue for 2QFY15 was RM30.9 million, up 2.6% from RM30.2 million in 2QFY14
Tropicana’s earnings per share dropped to 1.6 sen a share from 6.45 sen a share previously, its filing to Bursa Malaysia yesterday showed
The 50-acre (20.23ha) Wellness City of Dreams has a gross development value (GDV) of RM15 billion. The project will feature a resort-styled development comprising a wellness mall for healthcare, retirement homes and alternative medical care.
For the full year, the group’s profit fell to RM17.3 million in 4QFY15 from RM29.7 million in the same period last year while revenue halved to RM66.5 million from RM146.6 million
Sri Rakyat recorded the highest growth of average price per square foot (psf), up 30.7% y-y to RM175 psf in the 12 months to 3Q2014
The group announced to Bursa Malaysia yesterday that its unit Pertanian Taman Equine Sdn Bhd has signed a conditional sale and purchase agreement with Kemaris Residences Sdn Bhd for the proposed disposal
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