The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.55 US cents (5 Singapore cents) for FY16, which exceeded the forecast DPU of 3.39 US cents by 4.8% due to higher property performance and lower borrowing costs and trust expenses.
Kuala Lumpur Kepong Bhd (KLK) is expected to release its first quarter financial year 2017 (1QFY17) financial results tomorrow. We are expecting its core net income to be in the range of RM320 million to RM350 million.
Thanks to the RM55 billion East Coast Rail Link (ECRL), the long-forgotten East Coast of Peninsular Malaysia has somewhat come under the limelight again, despite the numerous questions raised about the railway’s price tag and the eventual benefits it could bring to the country.
Sarawak-based engineering and construction group Hock Seng Lee Bhd (HSL) is all out to cater to the rising demand for affordable housing in the state’s major urban centres, especially Kuching.
Before you commit yourself to a seemingly sound investment, you may want to know some of the more common mistakes made by investors when buying foreign properties.
Like it or not, almost every business sector is being impacted by the digital disruption wave and traditional businesses have to undergo digital transformation in order to keep their businesses running, including the real estate industry.
In May last year, O&C Resources Bhd (OCR) shareholders gave the rubber and baby products manufacturer the greenlight to diversify into property development.
The higher revenue and PBIT were mainly fuelled by higher contributions from FCL’s Singapore strategic business unit (SBU) and international business unit.
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