PETALING JAYA: UOA Real Estate Investment Trust’s revenue for its second quarter ended June 30, increased 4.6% to RM23.15mil from RM22.13mil a year ago.Net profit for the quarter was up by 2.7% to RM11.85mil from RM11.54mil a year earlier.It has announced a dividend of 2.69 sen, bringing the...

PETALING JAYA: Berjaya Corp Bhd (BCorp) is buying a 50% stake in Berjaya Kyoto Development (S) Pte Ltd (BKyoto) for RM97.3mil.The seller of the stake is its 58%-owned Berjaya Land Bhd (BLand). After selling half of BKyoto to its parent, BLand will own the remaining 50%.BCorp will undertake to...

KUALA LUMPUR: Sunsuria’s share price fell to a low of RM1 on Wednesday on continued profit taking on the property counter after the recent run-up on corporate developments.At 10.06am, it was down eight sen to RM1. Turnover was 480,700 shares traded at prices ranging from RM1 to RM1.05.At RM1,...

Thrills and spills from the towering skyscrapersBY ANGIE NGangie@thestar.com.myTHE proliferation of high-rise buildings in Kuala Lumpur is changing the capital city's skyline and vistas, and the pace new buildings are cropping up can be fascinating and bewildering at the same time. On one hand, it...

BY TAN KIT HOONGSamsung's new robot vacuum is more powerful than ever.THIS VACUUM SUCKS: Very well, that is.ROBOT vacuum cleaners have been around for a while, but the challenge for manufacturers has always been in making the machines powerful yet small enough to navigate under the...

KUALA LUMPUR: Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang.It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects.The RM27bil Penang...

BY YASMIN AHMAD KAMILResidents raised some concerns about having a main substation in their neighbourhood, including the possible health risks towards their families and children.SOME 120 residents in Ara Impian and Ara Idaman protested against the development of a main substation in Jalan PJU1A/19...

BY GRACE CHENThe real McCoy: (From left) Soma, Lim and Tunku Fauzi showing off real ID tags. Members of the public are advised to look out for the REN numbers.THE Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA) has warned the public to beware of con artists posing as real estate...

Investment-friendly: A file picture shows visitors at the recent Star Property Fair in Penang. Affin Hwang believes that property developers with land bank and established presence in Penang will benefit from rising property demand.PETALING JAYA: An increasing population in Penang coupled with...

Strategic exercise: An artist’s impression of one of OSK Property’s projects called Pangaea in Cyberjaya that is due to be completed by 2020. OSK Holdings is offering RM1.95 per share for the remaining 67.45 million OSK Property shares not held by it and parties acting in concert.PETALING JAYA:...