LBS Bina launches RM457 mil SkyRia residential project in Puchong
LBS Bina Group Bhd (KL: LBS) has launched SkyRia, the latest addition to its D'Island Residence project in Puchong.
Ivory Properties gets three-month restraining order to avoid winding up proceedings by creditors
Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) said in a Bursa Malaysia filing on Wednesday it had been granted a restraining order by the High Court of Malaya in Penang to restrain all further proceedings against the company including winding up, execution and arbitration from its creditors.
Widad’s largest shareholder appoints Industronics to manage Langkawi golf course, hotel development
Industronics Bhd said it has been appointed as the project management company to develop a hotel and golf course on a 155-acre parcel of land in Langkawi.
Paragon Globe to sell part of JB land it just bought for RM238 mil
Paragon Globe Bhd (KL:PGLOBE) is selling part of a parcel of freehold land it had just acquired in the district of Plentong, Johor Bahru, for RM238.32 million to improve its liquidity and financial position.
Economists bet on BNM leaving the OPR unchanged later today
All eyes will be on Bank Negara Malaysia (BNM) as the central bank is set to announce its overnight policy rate (OPR) decision later on Thursday afternoon.
UOB KayHian starts coverage on Lagenda Properties, target price RM2.05
UOB KayHian has initiated coverage on Lagenda Properties Bhd (KL: LAGENDA) with a “buy” rating at RM1.49 and target price (TP) of RM2.05.
Sentral REIT's 1Q net property income rises 30% but finance costs weigh
Sentral Real Estate Investment Trust (KL:SENTRAL), or Sentral REIT, posted a 30.29% increase in its net property income in the first quarter ended March 31, 2024 (1QFY2024) to RM38.15 million from RM29.28 million a year ago, on higher contribution from four of its key properties.
IJM Land’s Daffodil Residency achieves 55% take-up rate
IJM Land Bhd has achieved 55% take-up rate for serviced apartment Daffodil Residency since its launch on March 1, according to a press statement on May 7.
GCH Retail says Giant Batu Caves tenancy dispute with landlord still being decided by courts
GCH Retail (M) Sdn Bhd, the operator of Giant hypermarkets, said the courts are still deciding on the company’s tenancy dispute with its landlord over premises it is currently occupying in Batu Caves.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
Presently, the funds under AHB are managed by Maybank AB while its sponsor is PHB and its trustee is AmanahRaya Trustees Bhd.
