Encorp group chief executive officer Hazurin Harun said the venture will be the group's first property development in Sabah as part of its expansion plan.

Earnings per share rose to 1.45 sen from 1.33 sen previously, according to the property developer’s bourse filing on Wednesday (May 18).

Noteworthy:

• Freehold

• Built-up: 4,716 sq ft

• Land size: 1,582 sq ft

• Fully furnished

• Amenities: Starling Mall, varieties of F&B outlets and convenience stores, financial institutions and KPJ Damansara Specialist Hospital

• Accessibility: Damansara-Puchong Expressway (LDP), Sprint Expressway and Jalan Damansara

When: October 2021

The Asia-Pacific Prime Office Rental Index for 1Q2022 increased 0.8% quarter-on-quarter (q-o-q), after rising by 0.3% in the preceding quarter – indicating a sustained economic recovery from 4Q2021. This is despite a turbulent first quarter of the year with multiple resurgences of Covid-19 in several markets, accelerating inflation and the Russian invasion of Ukraine weighing down market sentiments, said Knight Frank.

Noteworthy:

• Freehold

• Built-up: 5,984 sq ft

• Land size: 1,496 sq ft

• Unfurnished

• Amenities: Pavilion Bukit Jalil, Bukit Jalil Recreational Park, Bukit Jalil Stadium, Technology Park Malaysia, Bukit Jalil Golf and Country Resort

• Accessibility: Lebuhraya Bukit Jalil, Shah Alam Expressway (KESAS) and Maju Expressway

When: November 2021

In a sector update on Friday (May 13), the research house said that its in-house economist predicted another hike in overnight policy rate (OPR) by 25 basis points (bps) in July this year. 

Kein Hing’s wholly-owned subsidiary Kein Hing Thai Nguyen (Vietnam) Co Ltd (KHTV), has awarded the job to the contractor for the proposed construction of the factory on a piece of industrial land located at Diem Thuy Industrial Park, Phuc Binh District, in Vietnam.

In a bourse filing dated May 11 on Singapore's stock exchange, Sim Leisure said it has entered into a theme park agreement in relation to the project management of the construction and the operation and maintenance of an environmentally sustainable ESCAPE theme park in Jalan Tanjung Tualang Batu Gajah, Perak.

Earnings per unit fell to 1.90 sen from 1.93 sen previously, its Bursa Malaysia filing showed on Thursday (May 12).

Having been in the industry for three and a half decades, De Silva has watched a lot of changes within it.