Cheryl Poo

Recent and archived articles by Cheryl Poo

19 May 2016 | 7:00 AM

IOI Prop’s township projects to contribute 45% to total sales

PETALING JAYA: IOI Properties Group Bhd is expecting its township projects to contribute 45% to total sales for 2015.

This year, IOI Prop will have two townships added to its existing portfolio, Bandar Puteri Warisan and Bandar Puteri Bangi, which respectively have a gross development value (GDV) of RM2.5bil and RM3.6bil.
19 May 2016 | 7:00 AM

SP Setia launching a slew of projects

SHAH ALAM: Amidst the soft property market, SP Setia Bhd plans to launch a slew of projects with a total gross development value (GDV) of RM4.7bil to bring in sales of RM4bil this year. The property developer has launched two projects – Setia Eco Templer and Edulis – and plans 11 more launches for the second half of the year.

AGM time: (from left) SP Setia executive vice-president/CFO Choy Kah Yew, Khor, chairman Tan Sri Dr Wan Zahid Mohd Nordin and deputy president/COO Datuk Wong Tuck Wai meeting the press after the AGM.
7 May 2016 | 7:00 AM

Rising son

A deal with Donald Trump puts Tiah Joo Kim in the limelight.

Joo Kim: ‘Behind the Trump brand is a family business just like mine, so I can trust their longetivity in the business.’
4 May 2016 | 7:00 AM

SP Setia’s new Aussie land to boost overseas sales

PETALING JAYA: SP Setia Bhd’s prospects have been brightened by its new land purchase in Melbourne, Australia, analysts said.

27 Apr 2016 | 3:38 PM

MAHB seeks to complete PetDag arbitration by year end

SEPANG: Malaysia Airports Holdings Bhd (MAHB) is looking to resolve the arbitration process with Petronas Dagangan Bhd (PetDag)'s subsidiary Kuala Lumpur Aviation Fuelling System Sdn Bhd (KAF) by the end of the year.

26 Apr 2016 | 7:00 AM

Multi Sports delays annual report

PETALING JAYA: Multi Sports Holdings Bhd’s annual report for the financial year ended Dec 31, 2015, has been delayed.

22 Apr 2016 | 7:00 AM

Malakoff allocates RM900mil for capex

KUALA LUMPUR: Malakoff Corp Bhd has allocated RM900mil as capital expenditure (capex) for its expansion plans this year, of which RM700mil will go into the new 1,000MW Tanjung Bin Energy (T4) power plant.

RM700mil will go into the new 1,000MW Tanjung Bin Energy (T4) power plant.. (Picture shows a Tanjung Bin Energy plant)
19 Apr 2016 | 7:00 AM

UEM Sunrise revises downward sales target

KUALA LUMPUR: UEM Sunrise Bhd has revised its sales target to RM1.5bil from RM2bil for 2016 in light of the current scenario in the property market.

Anwar: ‘We are looking at building a township like a new Mont Kiara.
14 Apr 2016 | 7:00 AM

Eco World projects RM4.5bil sales in 2017

KUALA LUMPUR: Eco World Development Group Bhd expects sustained demand for its properties to propel sales growth over the next two years, despite concerns of a slowdown in the sector.

For instance, over the course of three to four weeks, we had about 200,000 people visit the Eco Majestic development when we launched a marketing campaign.  “Interest remains high,” its president and chief executive officer Datuk Chang Khim Wah told reporters at the Invest Malaysia 2016.
13 Apr 2016 | 12:49 PM

Axiata on track to complete edotco listing in 12-18 months

KUALA LUMPUR: Axiata Group Bhd will finalise the listing exercise of its telecommunications tower company edotco Group Sdn Bhd in the next 12 to 18 months.