Eastern & Oriental Bhd (E&O) reported a core net profit of RM5 million in the second quarter of financial year 2017 (2QFY17). 

Penang Hill is a popular tourist destination for nature lovers and for those who want a feel of the bygone British colonial era, evident through the intricate architecture of the old bungalows there.

The Edge understands that in the event the sale is scrapped, Quill Group will opt to retain the mall and refinance its debts.

Just like how retailers offer discounts to keep sales up during a slow period, developers also have a few tricks up their sleeves to sell their properties amidst the current unfavourable economic climate.

Space, and how people interact with it, is ever evolving.

S P Setia Bhd reported a cumulative nine months in financial year 2016 profit after tax and minority interest of RM383 million, accounting for 59% and 57% of Hong Leong Investment Bank’s and consensus estimates, respectively.

Sales momentum was sustained in 2QFY17 with new sales reaching RM250 million.

Press reports have previously indicated that the recent ECRL memorandum of understanding does not exclude potential partnerships with, or the participation of, local contractors.

Generally, MREITs’ gearing level is below 30%, and is backed by ringgit debt and fixed interest rates.

Property-division earnings should decline, but the impact is minimal.