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PNB unit to raise RM2b green Sukuk for PNB118 Tower
KUALA LUMPUR: Permodalan Nasional Bhd's (PNB) unit plans to raise a 15-year tenure secured green sukuk – Merdeka Asean Green SRI Sukuk programme – via an unrated Sukuk programme of up to RM2bil.
PNB unit plans to raise RM2bil for tower project
PETALING JAYA: Permodalan Nasional Bhd’s (PNB) unit has proposed a sukuk programme to raise up to RM2bil to fund the construction of its Merdeka PNB118 tower project in Kuala Lumpur.
Bright and "greener" prospects for green bonds in Malaysia
PETALING JAYA: The prospects of green bonds, which has been in the spotlight of late, has strong growth potential in Malaysia, thanks to Asean’s focus on green financing and China’s One Belt One Road initiative (BRI).
Lee raises stake in IOI Properties as prospects in S'pore improve
PETALING JAYA: In recent days, some major shareholders of IOI Properties Group Bhd’s (IOI Prop) have taken the opportunity to up their stakes in the company on the back of the developer’s improving prospects in Singapore, along with undemanding valuations.
Seacera gets RM242m housing contract in Terengganu
KUALA LUMPUR: Seacera Group Bhd has secured a RM242mil contract from Fire Global Development Sdn Bhd to undertake a mixed development housing project in Bandar Permaisuri, Terengganu.
Seacera gets letter of award for RM203mil job
PETALING JAYA: Property and construction outfit Seacera Group Bhd has received a letter of award from Fire Global Development Sdn Bhd for a RM202.8mil mixed development project in Terrenganu.
KIP REIT earnings up on higher rate of occupancy
PETALING JAYA: KIP Real Estate Investment Trust (KIP REIT) reported higher revenue and earnings for the second quarter ended Dec 31, 2017, thanks to higher occupancy rate, the festive season and lower expenses.
MARC projects Malaysia's GDP to grow 5.3%
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has forecast Malaysia's gross domestic product (GDP) growth will come in at 5.3 per cent this year on the back of resilient private consumption.
MARC expects GDP to grow 5.3% this year
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has forecast Malaysia’s gross domestic product (GDP) growth will come in at 5.3% this year on the back of resilient private consumption.
TH Properties still looking at investing in Jakarta
SEREMBAN: TH Properties Sdn Bhd is still in the process of looking at investing in real estate in Jakarta, Indonesia, said Group Managing Director, Datuk Roszali Othman.
