PRG appoints former BNM director Arlina Ariff to board
Arlina, who served the central bank from September 2000 to July 2022, has 25 years of experience in the banking, finance and economics industries.
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Mohammed Rashdan to step down as Gamuda deputy group MD
Rashdan has given up all directorships effective immediately while his last day at Gamuda will be June 30.
Jiankun: Court rules JV partner's RM13m demand notice 'an abuse of court process'
The JV partner is Fivestar Development (Puchong) Sdn Bhd, who issued the notice in relation to a residential development in Petaling, Selangor, that the entities were jointly developing.
Pavilion REIT's 1Q property income rises 11.5% amid increased occupancy, rental income
Pavilion Real Estate Investment Trust (REIT)’s net property income rose 11.5% to RM104.8 million in the first quarter ended March 31, 2023 (1QFY2023) from RM93.99 million in the same quarter a year earlier, as it reported stronger revenue thanks to higher rental income due to increased occupancy, rent revenue, and advertising and marketing income at its retail malls.
Aeon buys 8.7ha land in Kota Bharu for RM165 mil
Aeon Co (M) Bhd is acquiring a piece of land measuring 8.691 hectares in Kota Bharu, Kelantan for RM165 million.
Tower REIT’s earnings further weighed down by higher electricity tariff, wages
Office-focused Tower Real Estate Investment Trust (REIT) reported an 87% year-on-year drop in net trust income or net profit in its third quarter ended March 31, 2023 (3QFY2023), as earnings were weighed down further by higher electricity tariff, minimum wage hike, as well as interest, housekeeping and security expenses.
OCR says ex-contractor’s RM31m claim against group is ‘baseless and frivolous’
Property developer OCR Group Bhd has maintained that there is no operational impact on the group arising from the lawsuit filed by a former contractor over alleged payment default of RM30.93 million in relation to projects in Kuantan and Petaling Jaya.
#BonWithYou campaign survey shows that 63% of respondents want stylish homes in affluent address
Last year, EdgeProp in collaboration with BON Estates conducted a survey in conjunction with the #BonWithYou campaign.
Advancecon secures RM86 mil construction job for PKNS's Sierra Alam project
Earthworks and civil engineering service provider Advancecon Holdings Bhd has bagged an RM86 million construction contract from Perbadanan Kemajuan Negeri Selangor (PKNS) for Phase 1 of its Sierra Alam development in Section U10, Shah Alam, Selangor.
AME REIT declares 1.82 sen distribution per unit for 4Q23
Industrial properties real estate investment trust (REIT) AME REIT has declared its second income distribution per unit since listing, of 1.82 sen per unit, for the fourth quarter ended March 31, 2023 (4Q23).
