BY AFIQ ISA“I do believe so because we have brought down our gearing from 57% to 44% over the past one year. “With further monetisation and deleveraging activities, we believe that we can achieve our target of 38% soon,” Bakke told reporters after the group’s AGM. KUALA LUMPUR: Sime Darby...

 MALACCA: Property developer Yong Tai Bhd has recorded sales of RM461mil from Phase 1A of the mixed development Impression Malacca City here by entering into a sale and purchase agreement (SPA) with Orient Venture Properties Bhd.Yong Tai Group chief executive officer Boo Kuang Loon said the...

BY TOH KAR INNWednesdays Report: Inset Desmond Lim. Taing is on the right. PETALING JAYA: WCT Holdings Bhd saw a change at the helm a day after the founding shareholders of the construction and engineering company disposed of their stake to Tan Sri Desmond Lim Siew Choon.In an announcement to...

BY M. HAFIDZ MAHPARSeacera group managing director Zulkarnin Ariffin showing the company's tiles. KUALA LUMPUR: The proposed RM220mil purchase of Duta Nilai Holdings Sdn Bhd, which would have given Seacera Group Bhd slightly more than 250 acres in Selangor to undertake a property development...

Sunway Velocity brings elegant shopping experience to the mature neighbourhood.Artist’s impression of Sunway Velocity Mall.By Lee Yan LiREPORTS of a glut of retail space in the Klang Valley, particularly in Kuala Lumpur city area, may be a source of concern for some. However, for residents and...

By CHRISTOPHER CHANThis is the 2nd part of a series of articles by Christopher Chan on ‘Land Law’.The extension of leasehold land is provided for under sections 76(a), 204B & 197 of the National Land Code (NLC) 1965. Section 76 (a) deals with alienation; section 197 details the procedures for...

Tiong: ‘We made a strategic decision to sell our investment property, in order to unlock more of the company’s potential.’" SUBANG JAYA: Property developer EcoFirst Consolidated Bhd is banking on its biggest project, which will be launched next month, to boost sales, even as the property...

Profitable again: Raman (left) and Ng at the press conference after the AGM. Vizione has a construction order book of RM140mil, which will last the group for the next two years. KUALA LUMPUR: Construction and property development group Vizione Holdings Bhd, formerly known as Astral Supreme Bhd, is...

 KUALA LUMPUR:  MRCB-Quill real estate investment trust (MQ REIT) posted realised net income of RM15.2mil for the July to Sept 30 quarter.It said on Wednesday this was a dip of 3.2% from the RM15.7mil a year ago.Gross revenue rose 2.2% to RM32.50mil from RM31.81mil while net property income fell...

 KUALA LUMPUR : Several construction counters have rallied to new all time highs following the Budget 2017presentation last week due to the continuation of existing major infrastructure initiatives and positive earnings expectations ahead of the third quarter earnings season.As at 1230PM, five...