News

Ensemble of Modern Dwellings

DESIGNED with spacious comfort, top-notch facilities and lush surroundings, Signature Selection’s properties by UEM Sunrise Berhad are remarkable dream homes for today’s discerning buyers.

This exclusive collection of residential projects are nestled in prime locations like Mont’ Kiara and Cyb...

E&O on Track to Hit Target

KUALA LUMPUR: Eastern & Oriental (E&O) Bhd is optimistic of achieving its net profit target of RM173mil for its current financial year ending March 31, 2016, based on the number of ongoing projects the company has in its pipeline.

The company had set a cumulative net profit target of achieving...

Scientex Pretax Earnings Up On Fair Value Gain

KUALA LUMPUR: Industrial packaging and property company Scientex Bhd posted a net profit of RM48.91mil in the fourth quarter ended July 31, 2015, against RM48.84mil a year ago.

It said profit before tax rose 36.3% to RM77mil from RM56.5mil, mainly due to a fair value gain of RM12.6mil.

This...

I-Bhd Chooses Hilton to Operate RM250mil Hotel

PETALING JAYA: I-Bhd has appointed leading hospitality expert Hilton Worldwide Manage Ltd to operate its upcoming RM250mil four-star hotel, the 300-room DoubleTree by Hilton.

DoubleTree by Hilton is expected to open in 2018 and will be the second of three hotels to be included in i-City’s RM3b...

Al-Salam to Finalise Three Property Acquisitions

KUALA LUMPUR: Johor Corp (JCorp) real estate investment trust (REIT) Al-Salam is expected to finalise three property acquisitions within two years.

JCorp president and chief executive officer Datuk Kamaruzzaman Abu Kassim said that the properties were located in Kuala Lumpur and Johor.

The ...