KUALA LUMPUR (March 1): Kumpulan Jetson Bhd has initiated a legal action against requisionists of a failed attempt to call for an extraordinary general meeting (EGM) to remove the entire board of directors of the construction group. In a filing with Bursa Malaysia on Friday, Kumpulan Jetson said it had through its solicitors filed a…
Read MoreThe property developer is required to submit the overdue report by March 7, 2024, or trading in the company’s securities will be suspended from 9am on March 8, 2024. Country Heights Holdings missed the Feb 29, 2024 deadline to submit the quarterly report to Bursa Malaysia Securities. (Country Height Facebook pic) PETALING JAYA: Bursa Malaysia…
Read MoreKUALA LUMPUR (Feb 29): Property developer Tropicana Corp Bhd is acquiring a piece of leasehold land in Kota Damansara for RM224 million to be developed into a residential area comprising four to five tower blocks of serviced apartments, with an estimated gross development value of about RM2.8 billion. The land, measuring 7.79 acres, is situated…
Read MoreKUALA LUMPUR (Feb 29): IGB Bhd’s net profit jumped to RM85.77 million in its fourth quarter ended Dec 31, 2023 (4QFY2023), over four times the RM18.77 million it made in the same quarter a year ago. The strong profit growth was driven by higher contributions from all its operating segments, namely the property investment of…
Read MoreKUALA LUMPUR (March 1): 50 Electric Boulevard, a 200,000 sq ft office building designed by Foster + Partners located in Battersea Power Station, has been completed, according to a statement on Wednesday. 50 Electric Boulevard is Well Platinum, Breeam Outstanding-certified, and SmartScore Platinum-rated. It has been designed with biophilic features for the well-being of users…
Read MoreKUALA LUMPUR (March 1): Having missed the Feb 29, 2024 deadline to release its fourth quarter ended Dec 31, 2023 (4QFY2023) results, Country Heights Holdings Bhd (CHHB) is likely to be slapped with a trading suspension. “The company wishes to announce that the fourth quarterly results for 2023 is delayed as the Malaysian Department of…
Read MoreKUALA LUMPUR (March 1): Radium Development Bhd recently hosted a Chinese New Year open house at the Desa East Residences sales gallery where approximately 100 guests, besides enjoying traditional and entertaining activities, saw the group’s choices of homes. “This event showcases Radium’s unwavering commitment to providing affordable and competitively priced housing options, empowering Malaysians…
Read MoreJohari (sixth from right) and Tan (fifth from right) with the representatives of strategic and media partners. KUALA LUMPUR: In the dynamic realm of real estate, the relationship between property and furniture is far from incidental – it is intrinsic and symbiotic. From the meticulous staging of homes to the enhancement of interior aesthetics, furniture serves as…
Read MoreKUALA LUMPUR (March 1): Shares in S P Setia Bhd surged in early trade on Friday, as more analysts turned bullish and saw more upside following the property developer’s above-consensus fourth-quarter earnings. S P Setia rose as much as 5.3% to 89 sen before paring gains to 87 sen — still up 2.5 sen or…
Read MoreKUALA LUMPUR (Feb 29): Crockfords at Resorts World Genting (RWG) has once again been awarded the 5-star rating from the Forbes Travel Guide (FTG), marking the hotel’s sixth consecutive year of being awarded the recognition, which also sets it apart as the only hotel in Malaysia to be so acknowledged by the guide. The recognition…
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