HONG KONG: Lacklustre bidding at a government land auction for a Tung Chung site last week, and a slump in investor sentiment on the stock market have triggered a new round of consolidation in the property market.

KUALA LUMPUR: A number of property-related companies announced the listing of share option schemes or proposed similar schemes on May 18.

Bina Puri Holdings Bhd and YNH Property Bhd will list 23,000 new shares and 1.76 million new shares of RM1 each respectively, on May 20.

HONG KONG: China’s investor sentiment has taken a hammering from recent measures to clamp down on credit and curb property price growth in the country, analysts say -- and the spillover effects are already evident in Hong Kong's property market.

BRUSSELS: All new buildings constructed in Europe after 2020 will have to be virtually carbon-neutral after the European Parliament gave new energy standards the last approval they needed on May 18.

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) will lead the development of most of the government land, particularly in the Klang Valley, with a view to ensuring returns to the government are maximised, said sources.

Malaysian Resources Corp Bhd

Below expectation

Highlights:

Getting There

Comments

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) has proposed a renounceable rights issue of up to 107.07 million five-year warrants at an indicative issue price of 20 sen each on the basis of one warrant for every two exi