Saturday, March 24, 2012

Tropicana Ivory’s RM10bil Penang World City to feature diverse cultural components

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Low: ‘We need a huge number of Penangites to call World City their home.’ GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10bil Pena...

UOA banks on strategic projects

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Khor: ‘It is our strategy to continue with our business model of having smaller parcels of land and building good quality projects at our ...

State to maintain low-cost apartments to improve quality of life

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Improving facilities: Low-cost flats need to be spruced up to make it more liveable. The state government has given priority to improvin...

Pembinaan BLT sees strong sukuk demand

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MEDIUM-TERM NOTES: Firm announces third series of a 25-year programme to raise up to RM10 billion PEMBINAAN BLT Sdn Bhd, a property deve...

Glomac posts RM21.9m net profit in Q3

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HEALTHY GROWTH MOMENTUM: Firm well on track to achieve target sales of RM500m for full year GLOMAC Bhd registered a net profit of RM21.9 m...

Glomac posts higher profit on property sales

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PETALING JAYA: Glomac Bhd posted a higher net profit of RM21.9mil for its third quarter ended Jan 31, 2012, up 32.7% from RM16.5mil recorded...

GuocoLand expects 18% yield from PJ City, PJ Corp acquisitions

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KUALA LUMPUR: GuocoLand Malaysia Bhd expects a firm yield of 18% from the recent related party transaction to purchase PJ City Development S...

Perak Corp unit enters joint venture

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PETALING JAYA: Perak Corp Bhd subsidiary PCB Development Sdn Bhd has entered into a heads of agreement with Sanderson Project Development (M...

PCB, Sanderson to cooperate on RM507m project

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IPOH: Perak Corp Bhd (PCB) says its unit, PCB Development Sdn Bhd, has teamed up with Sanderson Project Development (Malaysia) Sdn Bhd to de...

PNB projected to get more than 5.5% yield from latest London office

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PETALING JAYA: Permodalan Nasional Bhd's (PNB) latest and fourth purchase of a London office building is expected to have a yield exceed...
Friday, March 23, 2012

Naza TTDI expects RM315m sales at property carnival

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SHAH ALAM: Naza TTDI Sdn Bhd, the property development arm of Naza Group of companies, expects to sell RM315 million worth of properties a...

PNB to buy fourth London property

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PERMODALAN Nasional Bhd (PNB) is poised to seal its fourth major property acquisition in London, which will put its overseas spending spr...

PNB, Liew now collectively own 78.9pc stake in SP Setia

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KUALA LUMPUR: Permodalan Nasional Bhd (PNB) and Tan Sri Liew Kee Sin now collectively own 78.95 per cent of SP Setia Bhd. This is after th...

SP Setia posts record-breaking first quarter

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SHAH ALAM: SP Setia Bhd yesterday announced a record-breaking quarter with sales at RM933 million for its first quarter ended 31 January. ...

Condo buyers want stalled project to be revived

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Sad state: The Platinum Damansara Condominium which was left uncompleted. Frustrated by the delay in reviving the Platinum Damansara Con...

IGB retail REIT plans RM700mil IPO

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KUALA LUMPUR: IGB Corp Bhd retail real estate investment trust (REIT) aims to raise up to RM700mil from a planned September listing, accordi...
Thursday, March 22, 2012

PNB invests RM4.9bil to buy properties in Australia, UK

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KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has spent RM4.9 billion to buy properties in Australia and London, said president and chief exec...

SP Setia set to launch Fulton Lane’s second tower

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KUALA LUMPUR: SP Setia Bhd will soon launch Tower Two of its Fulton Lane development in the heart of Melbourne city's central business d...

Abandoned housing project to be sold for RM150m

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KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) expects to sell an abandoned project it financed in Johor for about RM150 million this ye...

Biggest abandoned housing project in M'sia to be revived

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Ahmad Zaini: ‘This is a big step for us. Hopefully it will be a win-win situation for all.’ KUALA LUMPUR: Malaysia Building Society Bhd ...