MPCorp enters JV to develop 13 pieces of land in Johor
Under the agreement, MPCorp shall hold up to 35% in the JV company while the remaining 65% will be held by Chun Fu.
Ivory Properties enters strategic alliance to jointly re-develop KL land
Ivory, Taman Segar Management and Upper Label will work together to re-develop the project land by demolishing three existing blocks of 300 units on the land and build at least 800 units...
WCT says it has good grounds to ‘defend and oppose’ RM214 mil claims
“The financial impact on the group is not expected to be material as [WCT] believes it has good grounds to defend and oppose the claims…”
Mah Sing prospects still positive in current market condition
Equipped with a low gearing level, Mah Sing has continued its land acquisition spree in financial year 2017.
Metronic Global terminates CFO for compromising special audit
In May, Metronic appointed Ferrier Hodgson MH Sdn Bhd as a special auditor to conduct a two-month thorough review of its projects and transactions to identify any irregularity in the company’s transactions.
RAM revises outlook on Country Garden’s notes to stable
RAM said the revised outlook reflects the improvement in the credit metrics of CGRE’s ultimate parent, China-based Country Garden Holdings Co Ltd.
IWCity shares fall further after signing of merger with IWH delayed
Last week, IWCity said the date to sign the deal has been extended to Sept 4...
Versatile Creative falls 2% on delay of due diligence exercise for apartments
Versatile Creative Bhd fell 2% at mid-morning today, after it announced it has delayed due diligence exercise for the development of medium-cost apartments in Johor, which has a gross development value of RM110 million.
S P Setia presents exclusive Raya evening with AFC’s Sherson Lian
S P Setia Bhd celebrated the Raya festive season with some 150 invited guests at an exclusive Raya evening.
Versatile Creative delays due diligence
Versatile Creative Bhd said the due diligence for the development of medium-cost apartments, with a gross development value of RM110 million, in Johor Bahru has been delayed.
