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Markets 23 Dec 2016 | 9:49 AM

No festive cheer for KLCI

KUALA LUMPUR: There is no Christmas cheer for the local bourse in the final trading session ahead of the festive holiday as the benchmark FBM KLCI closed 6.05 points lower, dragged down by losses in heavyweights.

Corporate News 30 Dec 2016 | 4:53 AM

KIP REIT to raise at least RM234m from IPO

KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) plans to raise at least RM234mil under its proposed listing on the Main Market of Bursa Malaysia Securities.

Property 31 Dec 2016 | 12:00 AM

Will the market pick up?

It’s not all doom and gloom as 2017 beckons with several mega catalytic developments emerging

Auto 11 Jan 2017 | 12:00 AM

Kontena Nasional to sell PJ land

PETALING JAYA: Kontena Nasional Bhd, a one-stop logistics solutions provider, is disposing of two plots of leasehold land in Bandar Sunway, Petaling Jaya, with the tender already receiving interest from well-known property developers.

Corporate News 11 Jan 2017 | 11:14 AM

Gadang in JV to develop RM160mil residential project

KUALA LUMPUR: Gadang Holdings Bhd is teaming up with Perikatan Progresif Sdn Bhd (PPSB) to develop town houses with an estimated gross development value of RM160mil on a 17.5-acre land in Puchong, Selangor.

Business 12 Jan 2017 | 12:00 AM

Gadang enters into JV deal

PETALING JAYA: Gadang Holdings Bhd has entered into a joint-venture (JV) agreement with Perikatan Progresif Sdn Bhd (PPSB) or the landowner for the proposed development of a parcel of leasehold residential land, measuring approximately 17.5 acres located at Taman Putra Perdana, Puchong, with an estimated gross development value of RM160mil.

Property 23 Jan 2017 | 12:00 AM

Rising supply of retail and office space worrying

PETALING JAYA: Malaysian REIT Managers Association (MRMA) chairman Datuk Jeffrey Ng said Malaysian REITs will give an average distribution yield this year of 6.3% despite the escalating supply of office and retail space in the country, particularly in the Klang Valley.

Business 04 Feb 2017 | 12:00 AM

Top 40 richest in Malaysia: 21-25

21 -25

Property 07 Feb 2017 | 12:00 AM

KIP REIT debuts on Bursa, offers four-sen premium

KUALA LUMPUR: In a stock exchange where real estate investment trusts (REITs) own assets as varied as commercial, office, industrial, hotel and plantation properties, a REIT listing will have to “stand out” in terms of portfolio to get the attention of investors.

Property 22 Feb 2017 | 12:00 AM

Strong results for IOI Prop in Q2

PETALING JAYA: IOI Properties Group Bhd (IOI Prop) saw a strong set of topline performance in its second quarter ended Dec 31, 2016, mainly boosted by its property development segment.