News about myedgeprop

In a trading stocks note on Monday, the research house said the stock broke past the 54 sen resistance as the bullish momentum is picking up.

RHB IB said many local institutional funds have yet to take a meaningful position in the property sector.

Industry magazine Inside Asian Gaming (IAG) said the company would look to form a joint venture for a Thai IR licence, based on its previous exploits in Korea and Japan.

On Friday, Scientex and S P Setia said in a Bursa filings that the deal to purchase the freehold 960-acre land in Tebrau was terminated due to non-fulfilment of the conditions precedent within the extended completion period.

The JV — Inneonusa Sdn Bhd — is 51%-owned by TM, 39%-owned by UEM and 10% by IIB.

Maybank IB said Forest City, which has been identified as a special financial zone and a potential high-speed rail (HSR) station in Iskandar Puteri, should continue to attract buying interest in the region.

ARREIT said this follows the signing of a sale and purchase agreement with Plenitude's wholly-owned subsidiary Plenitude Gateway Sdn Bhd for the proposed disposal in June last year.

Minister Nga Kor Ming: This is very important because we want the PPRs, as well as our markets, to have their own architectural identity.

It saw over 100 million shares traded, indicating investors' avid interest in the company due to its huge land bank in Johor, which is seen as a hotspot for the property sector due to upcoming high-value transit developments such as the Johor-Bahru Singapore Rapid Transit System and the formation of the Johor-Singapore Special Economic Zone (SEZ) in the state.

Aside from the completion of a number of housing projects for the rakyat, KPKT also introduced a number of guidelines for urban planning and sustainable developments in our cities that will be set in motion over the next few years.