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KUALA LUMPUR: Sunsuria Bhd has proposed to acquire a parcel of 60.81 acres leasehold land in Mukim Ijok, Kuala Selangor for RM74.16mil.
KUALA LUMPUR: Sunsuria Bhd expects Malaysia’s construction and property sectors to be on a firmer footing in 2022, backed by the anticipated gradual recovery in the domestic economy.
KUALA LUMPUR: Ivory Properties Group Bhd plans to raise about RM14.21mil in a proposed private placement of up to 20% of the total number of issued shares in the company
PETALING JAYA: Plenitude Bhd swung back to the black, with a net profit of RM8.15mil for the fourth quarter of its financial year ended June 30, 2021 (Q4’21), compared with a net loss of RM2.57mil in Q4’20.
PETALING JAYA: Sunsuria Bhd has proposed to issue Islamic bonds of up to RM500mil to raise funds for capital expenditure and working capital.
PETALING JAYA: KIP Real Estate Investment Trust (Reit) recorded its first quarterly net loss in the fourth quarter ended June 30, after it posted a RM13.2mil unrealised fair value loss on investment properties following the annual valuation exercise.
KUALA LUMPUR: AmInvestment Research is maintaining its “neutral” view on the property sector as the outlook remains challenging in the next 12 months.
KUALA LUMPUR: SP Setia Bhd achieved revenue of RM3.13bil and pre-tax profit of RM508.8mil in the January-to-September period, mainly contributed by its ongoing projects in Malaysia.