Sime Darby’s Seriemas divestment unsurprising
In line with Sime Darby’s ongoing drive to unlock value from its assets…
In Depth
Kerjaya Prospek could expect replenishment risk
Currently, Kerjaya Prospek’s outstanding order book stands at RM2.6 billion, giving it a visibility of around 2.5 years.
No immediate impact expected from Sunway land acquisitions
The acquisitions are estimated to be completed by February 2018.
Gamuda aims to add RM10 bil to order book over next two years
Key jobs eyed include the East Coast Rail Link (ECRL), MRT3, high-speed rail linking Kuala Lumpur to Singapore, and Pan Borneo Highway in Sabah.
Paramount seen starting to monetise its assets
This is in line with the asset-light strategy that its chief executive officer, Jeffrey Chew, has always emphasised on.
Building a S$16 mil gem on Singapore’s Emerald Hill
Homeowner Justine Toh talks about what it takes to create prized real estate that can be passed down through the generations.
Sunway’s attractive warrant with step-down mechanism
The higher quantum of step down compared with dividend projections could further enhance valuation of the warrants.
Sime Darby’s new leadership to pave the way for demerger
The demerger exercise will see the separate listing of the plantation and property entities, while other units, namely industrial, motors, logistics and other non-core businesses remain under Sime Darby Group.
Asia’s co-working players JustCo and naked Hub merge to fend off WeWork
Co-working is not just providing a space with desks for people to do their work.
Pavilion REIT 1HFY17 below expectations
Year-on-year, gross rental income was up by 6% on the acquisition of Damen Mall and Intermark Mall (in March 2016), and positive rental growth from other assets on mid-single-digit reversions.
