Axis REIT sees marginal decline in 4Q NPI, plans final 0.92 sen DPU

Jan 24

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust's (Axis REIT's) net property income (NPI) for the fourth quarter ended Dec 31, 2017 (4QFY17) slid 1% to RM35.

MQREIT 4Q earnings slump to RM3.32m, proposes final gross income distribution of 4.16 sen

Jan 19

KUALA LUMPUR (Jan 19): MRCB-Quill Real Estate Investment Trust (MQREIT) net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) slumped to RM3.

Eversendai bags two contracts worth RM272m for structural steel works

Jan 17

KUALA LUMPUR (Jan 17): Eversendai Corp Bhd, through its wholly-owned subsidiary Eversendai Engineering LLC Dubai (EVS DUBAI), has bagged two contracts worth RM272 million for the structural steel works for One Za'abeel mix-used development and the Address Tower Residence IL Primo luxury high end residential tower.

BAssets ups stake in 7-Eleven Malaysia to 4.63%

Jan 12

KUALA LUMPUR (Jan 11): Berjaya Assets Bhd (BAssets) has increased its stake in 7-Eleven Malaysia Holdings Bhd to 4.

Goldis to complete IGB takeover in early March

Jan 10

KUALA LUMPUR (Jan 10): Goldis Bhd aims to complete its takeover of IGB Corp Bhd in early March, with the latter's shares to be delisted from the Main Market of Bursa Malaysia within the same month.

AMMB ends JV with ARA Asset, inks deal with Amcorp Prop to manage REIT

Jan 05

KUALA LUMPUR (Jan 5): AMMB Holdings Bhd is terminating its joint venture with Singapore-based ARA Asset Management (Malaysia) Ltd, and is instead signing a new agreement with Amcorp Properties Bhd to manage its real estate investment trust.

Vivocom bags RM143m job to build affordable homes

Jan 04

KUALA LUMPUR (Jan 4): Vivocom Intl Holdings Bhd has bagged an RM143 million contract from Almaventures Development Sdn Bhd to build a 44-storey block housing 902 units of affordable housing, with seven floors of car park, on Jalan Gombak, Setapak here.