In Depth

Turner International keen to expand in Malaysia

Turner International, which is known for its role in the construction of the world’s tallest building — Burj Khalifa in Dubai, the United Arab Emirates — is eager to take on work in the education, healthcare and infrastructure sectors in Malaysia.

Spreading the green message

A lot still needs to be done in terms of educating the general public on what green is and how it can benefit the environment and the people.

Pavilion REIT net profit forecasts raised on da:men

Pavilion REIT’s lower 3QFY15 y-o-y earnings were mainly attributed to higher quit rent and assessment expenses (3QFY15: RM2.7 million versus 3QFY14: RM200,000) and utility costs (+28.7% y-o-y). This has nudged down 3QFY15’s net profit margin by 3.1 percentage points to 59.0%, as compared with 3Q14.

Office segment a drag for Sunway REIT on high vacancy rate

The retail segment continued to drive Sunway Real Estate Investment Trust (REIT)’s earnings growth, primarily from resilient performance of Sunway Pyramid shopping mall (+4.1%) and SunCity Ipoh (+0.0%) as well as improved performance of newly opened Sunway Putra Mall (+1,746.4%).

The Henge set to change Kepong skyline

Drawing inspiration from Stonehenge, England, the façade of The Henge is made up of four tall buildings surrounding 29 condominium facilities.