Chin Hin to utilise RM50,000 gain on disposal of Hextar’s shares as working capital
Chin Hin Group Bhd said the disposal gain of RM50,000, after acquiring and disposing of Hextar Industries Bhd’s (HIB) shares, will be utilised as working capital.
BNM: Household debt continued to be driven by residential loans, debt servicing capability remained sound in 2022
Household debt expanded at a faster pace of 5.5% in 2022, driven by housing loans, pointing to sustained demand for house purchases spurred by measures to encourage homeownership.
GDB withdraws legal suit against KSK Land, at liberty to file afresh if demands not met
GDB Holdings Bhd, via its wholly owned subsidiary Grand Dynamic Builders Sdn Bhd (GDBSB), has withdrawn its legal suit against KSK Land Sdn Bhd, the holding company of Damai City Sdn Bhd, over unpaid monies in relation to the construction of a building here.
Updated: Scientex inks JV to build affordable homes in Indonesia
The JV company will develop the Graha Mustika Tamansari township in Bekasi, Greater Jakarta.
MCT Bhd buys land in Taman Desa for RM65m to develop condominium
MCT Bhd has acquired a 3.9-acre plot of freehold land in Taman Desa here for RM64.65 million to undertake a condominium project with an estimated gross development value of RM500 million.
YNH gets shareholders' nod to sell KL, Perak retail assets for RM423m
Shareholders of YNH Property Bhd gave their nod for the disposal of Kiara 163 Retail Park here and AEON Seri Manjung in Perak for a total of RM422.5 million in cash to ALX Asset Bhd.
AME REIT seeks to explore more acquisition opportunities
AME REIT said the financial headroom will enable the group to look into exploring future acquisitions within and outside Johor.
Inflation could push property prices up by double-digit, says Rehda
Inflation and a higher cost of doing business are likely to push property prices up by double-digit this year, Rehda president Datuk NK Tong has cautioned.
About 94% of developers face end-financing issues, Rehda 2H2022 survey finds
About 94% of developers polled by the Real Estate and Housing Developers’ Association Malaysia (Rehda) said they continued to face end-financing issues for buyers in the second half of 2022 (2H2022).
