KUALA LUMPUR: A number of property-related companies announced the listing of share option schemes or proposed similar schemes on May 18.

Bina Puri Holdings Bhd and YNH Property Bhd will list 23,000 new shares and 1.76 million new shares of RM1 each respectively, on May 20.

HONG KONG: China’s investor sentiment has taken a hammering from recent measures to clamp down on credit and curb property price growth in the country, analysts say -- and the spillover effects are already evident in Hong Kong's property market.

BRUSSELS: All new buildings constructed in Europe after 2020 will have to be virtually carbon-neutral after the European Parliament gave new energy standards the last approval they needed on May 18.

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) will lead the development of most of the government land, particularly in the Klang Valley, with a view to ensuring returns to the government are maximised, said sources.

Malaysian Resources Corp Bhd

Below expectation

Highlights:

Getting There

Comments

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) has proposed a renounceable rights issue of up to 107.07 million five-year warrants at an indicative issue price of 20 sen each on the basis of one warrant for every two exi

KUALA LUMPUR: Property developer Bolton Bhd has signed a RM195 million syndicated banking facility with three banks to fund its expansion plan over the next three to five years.

The lenders -- Affin Investment Bank Bhd, Affin Bank Bhd and OCBC Bank (Malaysia) Bhd, have committed to provide RM170 million of term loan facility and RM25 million of revolving credit facility.