Wing Tai Holdings earnings grow 3% to S$3.2 mil for 1H2017
SINGAPORE (Feb 6): Singapore-listed developer Wing Tai Holdings Ltd reported earnings of S$3.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Oxley incorporates JVCo in Cyprus to undertake property development
SINGAPORE (Feb 2): Oxley Holdings says wholly-owned subsidiary, Oxley Holdings (Cyprus), and Planetvision Properties (CY) have incorporated a joint venture company, Oxley Planetvision Properties, in Cyprus.
MUFI building America’s first sustainable urban ‘agrihood’
THE Michigan Urban Farming Initiative (MUFI) is developing America’s first sustainable urban “agrihood” in Detroit’s lower North End, with agriculture as the foundation of a mixed-use development.
Hua Yang’s Meritus Residensi achieves 34% take-up rate during official launch
PETALING JAYA (Jan 31): Hua Yang Bhd’s maiden project in Penang, Meritus Residensi, has recorded a 34% take-up rate as of today since the project’s introduction last November, said the developer in a statement.
Hua Yang expects northern projects to contribute up to 30% of FY18 revenue
BUTTERWORTH (Jan 31): Property developer Hua Yang Bhd expects its northern region projects to contribute up to 30% to its revenue for its year ending March 31, 2018 (FY18).
CapitaLand Retail China Trust raised to ‘buy’ by DBS on overdone fears
SINGAPORE (Jan 31): DBS Group Research has upgraded CapitaLand Retail China Trust (CRCT) to “buy” from “hold” with S$1.
PM’s cousin Haris sells five million shares in Ekovest
KUALA LUMPUR (Jan 27): Datuk Haris Onn Hussein, the brother of Defence Minister Datuk Seri Hishammuddin Hussein and cousin to Prime Minister Datuk Seri Najib Razak, has disposed of five million shares held indirectly in construction firm Ekovest Bhd at RM2.
Borneo Oil acquires seven plots of quarry land in Lahad Datu
KUALA LUMPUR (Jan 27): Borneo Oil Bhd is acquiring seven plots of quarry land in Lahad Datu, Sabah as part of its expansion plan into limestone mining.
