Singapore's Green Esteel one step closer to becoming Southern Steel's controlling shareholder
The issue price represents a discount of 14.89% to the five-day weighted average market price of Southern Steel shares of 49.35 sen as at Sept 10.
Govt may hand over undeveloped Duta Enclave land to Semantan Estate, conditional upon collaboration with GLCs — PM
This follows the High Court’s October ruling that the Duta Enclave should be returned to Semantan Estate, effectively declaring the government’s 1956 acquisition of the land invalid.
Kumpulan Kitacon secures RM131.9m residential buildings job from Tropicana unit
The contract was secured via its wholly owned Kitacon Sdn Bhd on Monday, which had accepted a letter of award from Tropicana Alam.
Moody's sees sustained earnings growth for Genting but flags higher debt from NY expansion
"We project its consolidated capital spending will rise to RM6 billion to RM7 billion per annum in 2024 and 2025 from RM2.8 billion in 2023.”
Axis REIT's 3Q net property income rises 12%, declares 2.35 sen DPU
New tenancies from its logistics warehouse Axis Mega Distribution Centre (Phase 2) and positive rental reversion from its existing portfolio also boosted its NPI for the three months ended Sept 30, 2024.
Higher rental income lifts IGB REIT, IGB Commercial REIT’s 3Q net property income
Revenue increased 3.73% to RM155.27 million, compared to RM149.68 million in 3QFY2023.
Pintaras Jaya buys 33 acres of agricultural land in Kapar for RM22.9m
The property, which is an oil palm plantation, is currently categorised as agricultural land but is zoned for residential development.
KLCCP Stapled Group appoints Salem Kailany as CEO
KLCCP Stapled Group (KL:KLCC) has appointed Datuk Mohd Salem Kailany as the chief executive officer of KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, effective from Nov 1, succeeding Datuk Md Shah Mahmood.
Reader’s Letter: Policy analysis on property management-building management issue
The current debate on the property management-building management issue can be examined from the public policy perspective.
Suling Hill Development launches RM1.3 bil Northern TechValley @ BKE industrial park in Penang
Suling Hill Development Sdn Bhd, a joint-venture between AME Elite Consortium Bhd (KL:AME) and Majestic Gen Sdn Bhd, officially launched Northern TechValley @ BKE in Seberang Jaya, Penang on Monday.
