Geopolitical shifts set to boost Sabah’s industrial growth and benefit real estate sector
Sabah is set to see a spurt in its real estate growth in the next few years, catalysed by some ongoing and future developments in the state and the region.
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Airbnb launches responsible hosting guideline for short-term rentals in Malaysia
In line with its ongoing commitment to promote responsible short-term rental activities in Malaysia, Airbnb on Thursday unveiled its Guide to Responsible Hosting in Buildings for short-term rental accommodations (STRA) in strata buildings.
Eco World Development’s 2Q net profit up 12%, declares two sen dividend
Eco World Development Group Bhd (KL:ECOWLD) reported an 11.7% increase in net profit to RM70 million for the second quarter ended April 30, 2024 (2QFY2024), up from RM62.7 million a year ago, driven by higher revenue and cost savings in completed and near-completion development projects.
Courtyard by Marriott opens new hotel in KL
The hotel is situated on Jalan Puchong, Kuala Lumpur, and is part of the 5.2-acre (2.1-hectare) Bloomsvale @ OKR mixed development by Kerjaya Prospek Property Bhd.
Malton and RHB collaborate to offer green home financing for River Park
Malton Bhd has partnered with RHB Banking Group to offer green home financing options for River Park, Bangsar South homebuyers.
Perak Corp refutes claims of land losses due to unpaid rent
Perak Corp Bhd (KL:PRKCORP), which is 52.9% owned by the Perak State Development Corp, has dismissed allegations that it is losing significant land parcels due to unpaid rent, saying they are "categorically false".
EcoWorld International achieved RM518 million sales, declares six sen dividend
EcoWorld International has achieved RM433 million sales exchanges plus reserves of RM85 million adding up to a total of RM518 million in seven months of FY2024.
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina Group Bhd has exited its investment in Chinese motor circuit company Zhuhai International Circuit Ltd (ZICL) after more than a decade, as it sold its stake in Lamdeal Investments Ltd (LIL), which owns a 60% stake in ZICL, for 192.18 million yuan (RM124.74 million) cash.
KTI Landmark closes 5% below IPO price on ACE Market debut
Sabah-based integrated property developer KTI Landmark Bhd (KL:KTI) made a lacklustre debut on Bursa Malaysia on Wednesday, becoming the third company so far this year to close below the initial public offering (IPO) price on the first trading day.
Binastra secures RM332m construction job in Kota Kinabalu
Binastra Corp Bhd (KL:BNASTRA) said on Wednesday that it had secured an RM331.7 million contract to construct a residential apartment complex in Kota Kinabalu, Sabah.
