Frasers Centrepoint Trust to strengthen foothold after reclaiming its rule in the North
SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of S$2.
Singapore housing market to remain resilient despite global uncertainty
THE TEP360 seminar on April 8, entitled “Navigating through turbulent times”, was attended by about 350 participants.
Time for investors of this Singapore REIT to take profit
SINGAPORE (April 20): RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of S$1.
Frasers Centrepoint sells DUO hotel and offices in Sydney for S$199 mil
SINGAPORE (April 20): Frasers Centrepoint’s Australian division and JV partner is selling Sydney’s Four Points by Sheraton hotel in Central Park and some associated office space for nearly A$190 million (S$199 million or RM626.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Iskandar Waterfront City seeks more time to deliberate proposed merger with major shareholder
KUALA LUMPUR (April 19): Iskandar Waterfront City Bhd (IWCity) has requested for more time to deliberate on the proposed merger with its major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH).
AmFIRST REIT's 4Q NPI rises 15%, pays 2.13 sen DPU
KUALA LUMPUR (April 19): AmFIRST Real Estate Investment Trust (REIT) saw its net property income (NPI) grow by 15.
Yong Tai yet to start formal talks on garment unit disposal
KUALA LUMPUR (April 19): Property developer Yong Tai Bhd said yesterday it is considering disposing of its ailing textile and garment business in the near future.
Napic: Malaysian property market weakens further, overhang up 44%
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
Anzo gets another UMA query after stock slumps 35%
KUALA LUMPUR (April 17): Anzo Holdings Bhd has been slapped with yet another unusual market activity (UMA) query by Bursa Malaysia, after its share price plunged by 19.
