ILB aborts RM16 mil Petaling Jaya land purchase
ILB Group Bhd is aborting its planned purchase of 1,124 sq m of freehold commercial land with shoplots in Petaling Jaya for RM15.9 million.
Axis REIT 3Q income jumps 12.5%, declares 2.45 sen DPU
Axis Real Estate Investment Trust’s (REIT) net property income (NPI) in the third quarter ended Sept 30, 2022 (3QFY22), climbed 12.54% to RM61.49 million from RM54.64 million a year earlier, on the back of rental income from newly-acquired properties.
Mynews’ unit cleared of winding-up petition stemming from rental dispute
Mynews Holdings Bhd said a winding-up petition levied on its unit in relation to a rental dispute is set to be withdrawn following the settlement of the amount allegedly owed.
BLand’s stake in BFood rises to 2.75% after RM32 mil direct business transaction
Berjaya Land Bhd (BLand) has acquired 40 million shares or 2.28% equity interest in Berjaya Food Bhd (BFood) for RM32 million cash, or 80 sen apiece.
Golden Land to purchase 19.8-acre land in Pahang for RM10m
Its wholly-owned subsidiary Scott Emas Sdn Bhd has inked an agreement with Everwin Realty Development Sdn Bhd to purchase the plots of land measuring 19.812 acres.
ALR completes acquisition of four highway concessionaires
Amanat Lebuhraya Rakyat Bhd (ALR) said it has completed the acquisition of four highway concessionaires following its issuance of sustainable sukuk murubahah amounting to RM5.5 billion in nominal value.
Jiankun sees emergence of third substantial shareholder via private placement
Another new substantial shareholder has emerged in Jiankun International Bhd after subscribing for shares representing a 7.7% stake in the real estate developer via a private placement.
_0.jpg)
Sime Darby announces further offloading of Malaysian Vision Valley land, earmarks up to 15% of proceeds for dividend payments
Sime Darby Bhd has proposed the sale of another parcel of land in Malaysian Vision Valley (MVV) as part of its move to monetise its assets in the Negeri Sembilan-based economic region.
We must post profits in FY22, says Bina Darulaman CEO
After returning to the black in the second quarter ended June 30, 2022 (2QFY22), Bina Darulaman Bhd (BDB) said that it is a must for the group to post a profit for the full financial year.
Bina Darulaman mulls foray into agriculture, renewable energy and telco sectors
Kedah-based property developer Bina Darulaman Bhd (BDB) is planning to potentially diversify into the agriculture, renewable energy and telecommunications (telco) sectors to capitalise on the respective sectors’ resilience.
