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China's Country Garden 2018 core profit up 38% at record
HONG KONG: Country Garden Holdings Co Ltd, China’s top property developer by total sales, reported core profit for 2018 rose 38 percent to a record, in line with forecasts of analysts, on robust revenue and higher margins.
Developer Country Garden raises US$1bil to refinance convertible bonds
HONG KONG: Country Garden Holdings Co, China’s biggest developer by sales, raised HK$7.83bil (US$1bil) in a convertible bond sale as it takes on higher-cost funding to push out repayments.
Country Heights shareholders give nod to ICO plan
KUALA LUMPUR: Country Heights Holdings Bhd shareholders have approved the company’s plan to conduct an initial coin offering (ICO) in order to issue its own cryptocurrency called “horse currency.”
Country Heights ‘horse currency’ faces obstacles
PETALING JAYA: Country Heights Holdings Bhd’s (CHHB) plan to conduct an initial coin offering (ICO) to issue its own cryptocurrency, called “horse currency”, has hit a speed bump.
Country Heights enters MoU to expand into automotive industry
PETALING JAYA: Country Heights Holdings Bhd has entered into a memorandum of understanding (MoU) to expand into the automotive industry, with plans to develop an automotive lifestyle centre in Malaysia and organise a racing event.
Trading ideas: Gabungan AQRS, Country Heights, JAKS, Bioalpha, PUC
KUALA LUMPUR: Gabungan AQRS Bhd, Country Heights Holdings Bhd, JAKS Resources Bhd, Bioalpha Holdings Bhd and PUC Bhd are among the stocks to watch on Friday, according to JF Apex Research.
Country Heights to pump RM500mil into Mines Car
SERI KEMBANGAN: Country Heights Holdings Bhd (CHHB) will be allocating RM500mil to develop its Mines Car City Centre (MCCC), one of the four new ventures the company is embarking on to diversify its property business.
Country Garden: More S’porean, M’sian buyers due to marketing efforts
PETALING JAYA: Country Garden Pacificview Sdn Bhd (CGPV), the master developer of Forest City in Iskandar Malaysia, has clarified that the development has seen a significant increase in Singaporean and Malaysian buyers due to marketing efforts through the company’s sales galleries across Singapore and Malaysia.
Country Heights to hold EGM on ICO proposal
PETALING JAYA: Country Heights Holdings Bhd (CHHB) will be convening an EGM on Nov 8 to give shareholders an avenue to discuss its proposal to issue its own asset-backed cryptocurrency via a proposed initial coin offering (ICO).
No picnic for Country Garden as shares tumble despite buybacks
HONG KONG: Share buybacks are doing little to help stem a $24 billion selloff in China’s biggest developer by sales.