NCT Alliance to be classified as property stock from Jan 10
The counter is currently classified under the technology sector.
LBS Bina Group achieves RM1.575b in property sales last year, sets RM1.6b target for 2022
In a media briefing on Wednesday (Jan 5), LBS Bina announced that its property sales target for 2022 is RM1.6 billion, to be achieved by 14 planned launches that will cover the Klang Valley, Johor, Pahang and Perak. This will amount to 3,733 units with a gross development value (GDV) of RM1.77 billion
Mah Sing launches “Lift off with Mah Sing” sales campaign
From January to March 2022, the campaign will showcase a selection of the group’s six new and upcoming launches and 14 ongoing projects nationwide bundled with hassle-free, affordable sales package for first-time homebuyers, upgraders and younger demographics who are looking into investment or own-stay.
Sime Darby Property Sunrise Development welcomes Netherlands Maritime University College to Radia Bukit Jelutong
According to a statement on on Tuesday (Jan 4), the MoU was signed by UEM Sunrise chief marketing officer Kenny Wong and Sime Darby Property chief operating officer — integrated development Datuk Mohd Idris Abdullah (both representing Sime Darby Property Sunrise Development), while Netherlands Maritime University College was represented by its executive chairman Datuk Razali Yaacob
Savills Malaysia: Global economy to remain high in 2022
In a statement on Tuesday (Jan 4), Savills Malaysia shared its top property predictions in 2022 with comments by Khong, Savills Malaysia Deputy Managing Director and Head of Capital Markets Nabeel Hussain, Savills Malaysia Executive Director Marcus Chia, Savills Malaysia Director of Industrial Agency Kevin Goh and Savills Malaysia Director of Retail Services Murli Menon.
Taman Rimba Kiara appeal: Federal Court fixes Jan 19 for TTDI residents' motion to adduce fresh evidence
The appellants, developer Memang Perkasa Sdn Bhd (a subsidiary of Malton Bhd), Kuala Lumpur City Hall (DBKL), Yayasan Wilayah Persekutuan (YWP), as well as Bukit Kiara longhouse residents, are appealing at the Federal Court to reinstate the proposed Taman Rimba Kiara project’s development order.
Hap Seng buys land in KL Metropolis for mixed project worth RM8.7 bil GDV
Hap Seng, via its wholly-owned Sierra Positive Sdn Bhd, has inked an agreement with Naza TTDI Sdn Bhd’s unit TTDI KL Metropolis Sdn Bhd (TLKM), to buy the land known as Met 3, Plot 7A, KL Metropolis, measuring 668,212.79 square feet. Naza TTDI is 80%-owned by Naza Corp Holdings Sdn Bhd (NCH)
Ekovest issues RM150m notes under RM1.3b sukuk programme
The Islamic notes issued represents the first tranche in a RM1.3 billion sukuk murabahah programme with a tenure of up to 20 years, said Ekovest in a bourse filing
Advancecon 30%-owned unit secures RM32m contract in Kuching
In a filing with Bursa Malaysia, Advancecon said the 12-month contract was offered by Yayasan Sarawak, with work commencing after the possession of the site.
Inta Bina bags RM79.8 mil contract for housing scheme in Beranang
The project, which will include the construction of two power substations, will start on Jan 5 and be completed in 20 months, according to Inta Bina's bourse filing on Thursday (Dec 30).
