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Top 68 Properties Sector Latest News Alerts. Outlook for KL bourse still bullish: OSK - (31 Jul 2010)Malaysian shares are expected to trade higher with the key market barometer hovering between 1,350 and 1,395 points.However, dealers said any gains next week would be capped by some profit- Spencer Azizul on the mend - (31 Jul 2010)LIKE for many other advertising agencies, 2009 had been a painful year for Spencer Azizul Sdn Bhd. Its revenue plunged about 50%, and this wholly Malaysian-owned agency fell into the red for the first time since 1997.K-Euro banks on income from Talam projects - (31 Jul 2010)KUMPULAN Europlus Bhd (K-Euro) is banking on residential construction jobs from its associate Talam Corp Bhd for income while waiting for its two major projects - the Canal City and the West Coast ExpInterest rate hikes starting to help ringgit - (31 Jul 2010)WHEN Bank Negara raised interest rates for the third time this year earlier this month, expectations were that the ringgit would appreciate.Property market to stay vibrant - (31 Jul 2010)MALAYSIA'S property market is due to stay vibrant in 2010 due to low borrowing costs, easier foreign ownership rules and a new home purchase scheme by the nation's biggest pension fund.Last Upbeat Crescendo lines up industrial property launches - (31 Jul 2010)CRESCENDO Corp Bhd (6718), a property developer based in Johor, plans to launch RM230 mi Redeveloping Kampung Kerinchi - (31 Jul 2010)THE rapid development of Bangsar South City in Kampung Kerinchi by UOA Group is now changing the landscape of the area that used to be a slum with squatters.BURSA MALAYSIA: Share Prices To Trade Higher Next Week - Bernama - (30 Jul 2010)
Talam gearing for property launches - (30 Jul 2010)The property launches will be staggered over a period of two to three years.The company expects to launch some projects by the second half of next year. The group has sold off RM676 Quill Capita Q2 net income up 2.6pc - (30 Jul 2010)QUILL Capita Trust’s second-quarter net income for the period ended June 30 2010 increased 2.6 per cent to RM8.3 million mainly to higher rental and income contributions from its portfolio of prFalse alarm: Google search still working in China(update2) - (30 Jul 2010)SAN FRANCISCO: Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland China - a key market where the company has been locked in a high-profile battle over online censorship.FBMKLCI hits new two-year high - (30 Jul 2010)The FBM KLCI closed higher for the sixth straight day today, helped by last minute buying in selected heavyweights and rotational plays on lower liners, dealers said. At 5pm, the FBM KLC Penang set to see RM2b projects - (30 Jul 2010)SOME RM2.1 billion worth of residential properties in Penang are being lined up for development from this year to next, Chief Minister Lim Guan Eng said.He said that Penang and Kuala Lumpur Property industry still 'very active' despite FDI slowdown - (30 Jul 2010)THE local property sector has not been affected much by the slowing foreign direct investment (FDI) last year and can cope with the pressure, Housing and Local Government Minister Datuk Wira Chor CheeIvory shines in debut on investor optimism - (29 Jul 2010)The stock opened at RM1.15, a 15 per cent premium over its initial public offering (IPO) price of RM1, but it gathered strength and closed for a 30 per cent premium at RM1.30 yesterday.In KYM to build up property division - (29 Jul 2010)INDUSTRIAL packager KYM Holdings Bhd (8362), which owns a small property division, plans toMRCB will consider setting up REIT, says CEO - (29 Jul 2010)KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) will consider injecting some of its properties into a real estate investment trust (REIT) as part of the companyâs growth strategy, said chief executive officer Mohamed Razeek Hussain.Ivory hopes to expand to KL soon - (29 Jul 2010)KUALA LUMPUR: Penang-based Ivory Properties Group Bhd, which made a strong debut on the Main Market of Bursa Malaysia yesterday, hopes to expand its operations to Kuala Lumpur in the near future, said its chairman and group chief executive officer Datuk Low Eng Hock.KL shares firmer on buying of finance stocks - (29 Jul 2010)At the close, the FBM KLCI rose 2.96 points, or 0.22 per cent, to close at its new high in the 2009-2010 rally at 1,355.19.The benchmark index opened 0.42 point higher at 1,352.65 in the morni Kha Seng does its part to transform shopping scene - (29 Jul 2010)THE Kha Seng Group, a niche retail property developer, has taken over Plaza Uncang Emas (UE3) at Jalan Loke Yew, Kuala Lumpur, and is turning it into a prime spot for retailers and consumers.Malaysia housing development still active - (29 Jul 2010)Housing development in Malaysia is still active due to the rapid growth of urbanisation and is expected to increase from 67 per cent this year to 75 per cent by 2020. Housing and Local G MRCB to raise RM400m for KL Sentral Park - (29 Jul 2010)MRCB Sentral Properties Sdn Bhd, a unit of Malaysian Resources Corp Bhd (MRCB) (1651), willKL shares close higher - (29 Jul 2010)Share prices on Bursa Malaysia closed higher today, boosted by continued buying in selected blue chips as well as lower liners, dealers said. At 5pm, the FBM KLCI rose 3.22 points or 0.2 Ivory hopes to expand to KL soon - Malaysia Star - (28 Jul 2010)
WCT plans RM600m bond sale - Business Times - Malaysia - (28 Jul 2010)
Size not the only factor for success of REITs - (28 Jul 2010)KUALA LUMPUR: The two major real estate investment trusts (REITs) listed on Bursa Malaysia this month - Sunway Real Estate Investment Trust (SunREIT) and CapitaMalls Malaysia Trust (CMMT), may have boosted the profile of Malaysian REITs (MREITs) and capture the attention of local and foreign investors, but size does noIvory Prop surges in Bursa debut - (28 Jul 2010)Ivory Properties Group Bhd, a Malaysian property developer, rose in its trading debut on the Kuala Lumpur stock exchange.The stock climbed 22 per cent to RM1.22 at 9.02 am local time. The comp MRCB, Affin Investment Seal Deal On RM400 Million Guaranteed CP/MTN - (28 Jul 2010)KUALA LUMPUR, July 28 (Bernama) -- Malaysian Resources Corporation Bhd's subsidiary MRCB Sentral Properties Sdn Bhd has appointed Affin Investment Bank Bhd as the principal adviser and lead arranger for its RM400 million commercial papers/medium term notes (CP/MTN) programme, which will be guaranteed by Danajamin Nasional Bhd.Buying momentum in M'sian market increases - (28 Jul 2010)The FBM KLCI was lifted higher by 1.85 points to 1,354.08, buoyed by Penang developer Ivory Properties Group Bhd which made a dazzling 29 sen premium to RM1.29 at 12.30pm.Ivory makes dazzling debut - (28 Jul 2010)Penang-based Ivory Properties Group Bhd, which made a strong debut on Bursa Malaysia this morning, hopes to expand its operations to Kuala Lumpur in the near future, says company chairman and group chief executive officer Datuk Low Eng Hock.KL shares firmer at midafternoon - (28 Jul 2010)Share prices on Bursa Malaysia were higher at midafternoon today, supported by continued buying in selected blue-chips, dealers said.They said the steadier performance in key Asian equity mark Yahoo Japan to use Google search tech, not Yahoo's - (28 Jul 2010)TOKYO: Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S. was derailed by regulators concerned about a monopoly.Ivory Makes 15 Sen Premium Debut On Bursa Malaysia - Bernama - (27 Jul 2010)
Size not the only factor for success of REITs - Malaysia Star - (27 Jul 2010)
Yeo Hiap Seng Sees RM7.59 Million Pre-Tax Loss In Q2 - Bernama - (27 Jul 2010)
BURSA MALAYSIA: Share Prices Close Mixed With Late Buying Of Heavyweights - Bernama - (27 Jul 2010)
Asia File gets stay of execution on claim - Malaysia Star - (26 Jul 2010)
Chips rebound, stable ops Frontken on growth path - (26 Jul 2010)FRONTKEN Corp Bhd (0128) expects to record double-digit growth this year, helped by a recoveVastana25 final phase expected to be sold out by June - (26 Jul 2010)BERJAYA Land Bhd (BLand) (4219) expects the final phase of its 16.5ha Seputeh Heights develoCase for more iconic projects - (26 Jul 2010)THE furore over the proposed demolition of Pudu Jail puzzles me. Very few cities have old dilapidated prisons smack right in city centres. Even "The Rock" which is the infamous Alcatraz is on an isBLand to launch projects worth RM500m this year - (26 Jul 2010)BERJAYA Land Bhd (BLand) (4219) will launch new projects worth more than RM500 million thisUEMâs growth plan unveiled - (24 Jul 2010)âNEVER a dull moment.â This is what UEM Group Bhd group managing director and chief executive officer Datuk Izzaddin Idris says when StarBizWeek asked him to sum up his first year in office thus far.Balancing an accounting problem - (24 Jul 2010)LATELY, IFRIC 15 has become a hot topic among accountants and leading property developers in Malaysia. Developers here have been using the percentage method for decades to report revenue from projects sold under the sell-and-build system. Naturally, they were shocked when âtoldâ to change to the completed method.Cosy auditors - (24 Jul 2010)Shireen Muhiudeen asks whether companies should replace their audit firms.Johor developers keen to play integral role - (24 Jul 2010)PROPERTY developers in Johor want the Government to engage them in the consultation for and drafting of a plan to transform Johor Baru into a vibrant city.BURSA MALAYSIA: Blue-Chips Help Share Market Finish Higher - Bernama - (23 Jul 2010)
KL shares stay higher at mid-afternoon - (23 Jul 2010)SHARE prices on Bursa Malaysia maintained their positive trend at mid-afternoon today as investors remained upbeat following the overnight uptrend on Wall Street, dealers said.The continued fo UEM sets ambitious target of RM30bil revenue by 2015 - (23 Jul 2010)KUALA LUMPUR: UEM Group Bhd is targeting to achieve RM30bil in revenue and RM3bil in net profit within the next five years by growing its four core businesses.KL shares rebound sharply - (23 Jul 2010)After yesterday's losses, share prices rebounded sharply to close higher on Bursa Malaysia today prompted by fresh buying support."Renewed investor confidence outweighed concerns over the gloo Hubline Logistics buys land for RM15m - (23 Jul 2010)Hubline Bhd's wholly-owned subsidiary, Hubline Logistics Sdn Bhd, had acquired two parcels of land from Many Plus Realty Sdn Bhd for RM15 million in Miri, Sarawak. The company entered in Malaysian stocks down on Fed's view - (23 Jul 2010)Investors turned jittery as they were cautious over Federal Reserve chairman Ben Bernanke's Congressional testimony on Wednesday that the US economy faced "unusually uncertain" prospects.His c Ireka rises most in 31 months - (23 Jul 2010)IREKA Corp, a Malaysian builder, rose the most in 31 months in Kuala Lumpur trading, after Aseana Properties Ltd, in which Ireka owns a stake, said it may return excess cash to shareholders after sellQSR buys 1.95m units of KPJ REIT - (22 Jul 2010)QSR Brands Bhd has bought some 1.95 million units of KPJ REIT for RM2.01 million from the open market.The reason for the purchase was because QSR has a better return on investment of roug En route to HK listing - (22 Jul 2010)Hong Kong-based Far East Consortium International Ltd (FEC) plans to include all five Malaysian hotels in a planned listing of its unit on the main board of the Hong Kong Stock Exchange, sources say.Mahabuilders eyes Bursa listing next year - (22 Jul 2010)JOHOR BARU: Johor-based construction and property company Mahabuilders Bhd is eyeing a listing on Bursa Malaysiaâs main market next year.Penang swiflet industry needs a proper nest - (21 Jul 2010)Malaysia is currently looking at implementing the Swiflet Industry Guidelines for bird's nest harvesters to turn the business into a RM5 billion industry by 2020.The Penang state governmen Axis REIT to raise RM132mil - (21 Jul 2010)KUALA LUMPUR: Axis REIT Managers Bhd (ARMB), the manager of the worldâs first office/industrial Islamic real estate investment trust (REIT), plans to raise RM132mil next month as part of its capital management process, said chief executive officer/executive director Stewart LaBrooy.BP to sell assets for US$7bil to Apache - (21 Jul 2010)NEW YORK: BP PLC said Tuesday it will sell assets in the U.S., Canada and Egypt to Apache Corp. for $7 billion to help pay costs from the Gulf of Mexico oil spill.Local industrial products makers to ride on strong overseas demand - (20 Jul 2010)GEORGETOWN: Malaysian companies making industrial products will continue to ride on overseas market to grow their revenues despite a weak global economy.Axis REIT posts rise in Q2 net profit - (20 Jul 2010)PETALING JAYA: Axis Real Estate Investment Trust (Axis REIT), which owns mostly industrial properties, has posted a 74.51% rise in net profit to RM21.87mil for the second quarter ended June 30, compared with the same quarter a year ago.PETALING JAYA: Masterskill Education Group Bhd,… - (20 Jul 2010)PETALING JAYA: Masterskill Education Group Bhd, via its wholly-owned subsidiary, Masterskill (M) Sdn Bhd, is acquiring properties in Kelantan worth RM31mil as part of its expansion plans as well as to enhance its Kota Baru campusâ capacity to cater to the increasing number of students there.MARC assigns AAA rating to LBS sukuk programme - (19 Jul 2010)PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has assigned the ratings of MARC-1IS(fg)/AAAIS(fg) to LBS Bina Group Bhdâs RM135mil Islamic Commercial Papers/Islamic Medium Term Notes (ICP/IMTN) Programme.Why REITs should be the choice of investment - (19 Jul 2010)KUALA LUMPUR: Real estate investment trusts (REITs) offer many advantages to investors who are keen to invest in the property market.Developing townships with the right attributes - (17 Jul 2010)THE environment theme has become a unique selling proposition for many new property projects as developers hope to leverage on the peopleâs greater awareness of the environment to boost sales.sees right time for listing - (17 Jul 2010)Penang-based Ivory Properties Group Bhd, which will soon be listed on the Main Market of Bursa Malaysia, believes the timing is right to go for the listing as the economy, especially the property sector, has picked up following economic stimulus measures by the Government in the past two years.Creating a real estate investment destination - (17 Jul 2010)THE Starâs regional editor (north) Choi Tuck Wo met up with Kuala Lumpur-based and Penang developers on what needs to be done further to promote Penang as a real estate investment destination.Your 10 Questions - (17 Jul 2010)Plantation Industries and Commodities Minister Tan Sri Bernard Dompok fields the 10 questions posed to him by our readers.BURSA MALAYSIA: KL Shares End Higher With CI At 1332.87 - Bernama - (13 Jul 2010)
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