Sunway confident about future earnings
KUALA LUMPUR (Feb 28): Sunway Bhd’s net profit for the fourth quarter ended Dec 31, 2016 dropped 13% to RM185.
Property development dragged Jaks Resources into the red in 4Q
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
Tititjaya to acquire prime land in Sabah for RM71 mil
KUALA LUMPUR (Feb 27): Property developer Titijaya Land Bhd plans to buy a company that owns three plots of leasehold land in Sabah measuring a total of 30.
One developer is set to ride S'pore's improving residential sentiment
SINGAPORE (Feb 27): Maybank Kim Eng Research continues to rate UOL Group Limited at “buy”, mainly for the property developer’s “strong execution with quick inventory turnover stemming from the right pricing strategy” following the release of its FY2016 results, which was largely in line with estimates.
CityDev looks from Buangkok to Belgravia and Singapore to Suzhou for FY17 earnings
SINGAPORE (Feb 24): CIMB is maintaining its “add” call on City Developments with higher target price of S$10.
IJM Corp 3Q net profit drops 46% due to absence of one-off gain
KUALA LUMPUR (Feb 23): IJM Corp Bhd’s net profit dropped 46% to RM138.
CityDev’s FY2016 earnings fall 15.5% to S$653.2 mil on absence of PPS profit
SINGAPORE (Feb 23): City Developments Ltd (CDL) reported FY2016 earnings of S$653.
Revitalising Chip Eng Seng
CEL Development, the property development arm of listed construction group Chip Eng Seng Corp, will preview the 720-unit Grandeur Park Residences on Feb 18.
UOA Development 4Q earnings multiply threefold, proposes 15 sen dividend
KUALA LUMPUR (Feb 22): UOA Development Bhd’s net profit multiplied threefold to RM345.
City Developments raises stake in Suzhou Global City Genway to 100%
SINGAPORE (Feb 16): City Developments says wholly-owned subsidiary, Global City International, has acquired an additional 30% stake in Suzhou Global City Genway Properties Co from Suzhou Industrial Park Genway Housing Development Group Co.
