News by M

TRC Synergy said the project would contribute positively to the group's future earnings and earnings per share.

The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items.

Ekovest expects SPE, River of Life, DUKE Phase-2's toll revenue, and unbilled sales from property development activities to contribute positively to the group's future results.

Dubbed the “VD TBM 2.0”, the 6.6m diameter machines were constructed by German tunnelling expert Herrenknecht AG’s Chinese subsidiary — Guangzhou Herrenknecht Tunnelling Machinery Co Ltd.

Although the group is in diversification mode, the construction division will remain its core business.

Currency market movements can have a significant impact not only on the return provided by an overseas asset, but also on the flow of international capital into property markets, said global property consultancy Knight Frank.

Sold for: RM290,000 (RM341 psf); Concluded by Raymond Yii (REN 20381) of BT Properties (011-3315 4820); When: March 2017

Following the issuance, FCT holds 31.15% in Hektar REIT.

Titijaya said the increase in net profit was mainly attributed to the group's completed projects during the financial year, namely 3Elements, Seri Alam Phase 1 & II, Zone Innovation Park and progressive recognition from project H2O.

It said in a statement to Bursa Malaysia yesterday that it has yet to submit any application to Securities Commission Malaysia for its approval to establish the REIT.