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Business

OCK unit ventures into telecom tower business in the Philippines

PETALING JAYA: Telecommunication network services provider OCK Group Bhd’s 60%-owned subsidiary OCK Vietnam Towers Pte Ltd has entered into an MoU with ISOC Infrastructures, Inc to pursue opportunities in the telecommunications tower business in the Philippines.

Corporate News

OCK teams up with ISCO for Philippines venture

KUALA LUMPUR: Telecommunications network solutions provider OCK Group Bhd has entered a memorandum of understanding with ISCO Infrastructures Inc to pursue tower business opportunities in the Philippines.

SMEBiz

Making buy-to-lease work

THE buy-to-lease model is a relatively common trend in the property and real estate industry, particularly for commercial assets.

Business

Wah Seong banks on high order book

PETALING JAYA: Wah Seong Corp Bhd expects the surge in new contracts secured in 2017 to underpin the group’s earnings growth in the financial year ending Dec 31, 2018 (FY18).

Business

Sanichi unit partners MNC in online rental service

KUALA LUMPUR: Sanichi Technology Bhd’s unit, Sanichi Property Sdn Bhd (SPSB) and MNC Wireless Bhd (MNC) have signed a memorandum of understanding (MoU) to provide online leasing, or short-term rental service, for SPSB's development project, Marina Point in Klebang, Melaka.

Business

Breakfast briefing: Tuesday, December 5 (Update)

Breakfast briefing: Tuesday, December 5

Business

Al-Salam REIT buying properties from QSR for RM115mil

PETALING JAYA: AmanahRaya Trustees Bhd, as trustee for Al-Salam REIT, is acquiring 22 properties from several QSR Brands (M) Holdings Bhd units in an all-cash deal of RM115mil.

Business

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Property

Al-Salam REIT to acquire properties from QSR for RM115m

KUALA LUMPUR: AmanahRaya Trustees Bhd, as trustee for Al-Salam REIT, is acquiring 22 properties from several QSR Brands (M) Holdings Bhd units in an all-cash deal of RM115mil.

Business

Paramount Q3 earnings soar nearly eight-fold to RM85.76mil

PETALING JAYA: Property and education company Paramount Corp Bhd posted an almost eight-fold increase in net profit to RM85.76mil for the third quarter ended Sept 30, 2017compared to the same quarter a year ago, thanks to gain on disposal of asset.