KUALA LUMPUR (March 29): RHB Retail Research said UEM Sunrise Bhd is set for an uptrend continuation after breaching above the RM1.18 immediate resistance on stronger trading volume. In a trading stocks note on Friday, the research house said that riding above the rising 21-day simple moving average line, the stock is likely to climb…
Read MoreKUALA LUMPUR (March 29): FGV Holdings Bhd’s former chairman Tan Sri Mohd Isa Abdul Samad and its former chief executive Datuk Mohd Emir Mavani Abdullah wrongfully used two luxury condominium units acquired by the company, the High Court ruled on Friday. The use and refurbishment of The Troika units located in Kuala Lumpur city centre…
Read MoreKUALA LUMPUR (March 29): Kitchen cabinet manufacturer Signature International Bhd has received a conditional takeover offer from home-grown building materials specialist Chin Hin Group Bhd on Friday to acquire all remaining shares Chin Hin does not own, at 84 sen per share. The mandatory takeover offer was triggered subsequent to Chin Hin’s acquisition of a…
Read MoreKUALA LUMPUR (March 27): The 82nd National Council for Local Government (MNKT) meeting held at the Parliament today approved the Guidelines for Campsite Planning (GPPTP) as a guide for planning and ensuring safe, sustainable and legally compliant campsites. The Ministry of Housing and Local Government (KPKT) said in a statement that the guidelines for users,…
Read MoreKUALA LUMPUR (March 27): Kerjaya Prospek Property Bhd, through its wholly-owned subsidiary Kerjaya Property Sdn Bhd, will be opening Bloomsvale Shopping Gallery on Old Klang Road, Kuala Lumpur, by the second quarter of 2024. Bloomsvale Shopping Gallery spans approximately 320,000 sq ft of gross floor area. It will house 100 retail units across four levels…
Read MoreKUALA LUMPUR (March 27): Property developer Crescendo Corporation Bhd on Wednesday declared a special dividend as earnings surged to a seven-year high on the back of rising home sales and high margin industrial land disposal. Crescendo is planning to pay an interim dividend of five sen per share and another 13 sen as special dividend,…
Read MoreKUALA LUMPUR (March 27): OCR Group Bhd has topped out its mixed-development The Mate located in Damansara Jaya, Petaling Jaya with a take-up rate of 80%, according to a press release on Wednesday. The Mate is a mixed-development project made up of three components, which are residential, co-living and co-working spaces. It occupies 1.01 acres…
Read MoreLifestyle properties go beyond mere housing, revolving around convenience, connectivity and a sense of community. In the dynamic real estate landscape of Malaysia, a discernible trend is gradually assuming prominence—the emergence of lifestyle properties. These properties are designed with a singular purpose: To offer a comprehensive and enriching living experience. Gone are the days when…
Read MoreKUALA LUMPUR (March 26): Ewein Bhd is acquiring a vacant piece of industrial land in Butterworth for RM25.84 million to develop a workers’ dormitory in a related party transaction. The property developer and precision sheet metal fabrication manufacturer said the move is in line with the group’s intention to diversify into the provision of workers’…
Read MoreAt the topping up event were (from left) Kogelevanan, Hong, Aw, Tanco, Leong, Yaw, Chen and Tang. PETALING JAYA: Avaland Bhd has topped out Aetas Damansara, its inaugural luxury development that received numerous accolades in 2022 and 2023. With a 100% take-up rate, Aetas Damansara is expected to be handed over to homeowners in the…
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