Press conference: (from left) LBS Bina executive director Datuk Cynthia Lim, Lim and executive director Datuk Alan Chia sharing a light moment after the AGM.PETALING JAYA: Property developer LBS Bina Group Bhd is maintaining its RM1.5bil sales target as the company will launch new projects worth...

KUALA LUMPUR: Mah Sing Group’s latest financial results have come in line with Maybank Investment Bank Research’s expectations.The research house said after deducting the RM18.3mil distribution to perpetual sukuk holders, 1Q17 net profit of RM72mil was in line, accounting for 24%/20% of the...

An artist's aerial view impression of Pantai Sentral Park.INWOOD Residences is bringing a fresh perspective to the property industry in Kuala Lumpur with an array of fine amenities and award-winning architecture.The project is part of IJM Land’s Pantai Sentral Park, a township comprising seven...

Questions asked: The property on Peel Avenue in Penang, which was transferred from CMI to Island Hospital.GEORGE TOWN: The state Gerakan is calling for a full disclosure of all state assets transferred to the Penang Chief Minister Incorporated (CMI).Its vice-chairman Lee Boon Ten said the state...

LAW FOR EVERYONEBY BHAG SINGHITEMS can be bought or sold through bidding at an auction. This includes landed property, moveable property and other items that may fall under some other category.In our country, auctions are more frequently in relation to properties – housing or commercial...

BY P. ARUNASime Darby president and group chief executive Tan Sri Mohd Bakke Salleh.KUALA LUMPUR: The listing of Sime Darby’s plantation and property businesses are expected to take place by December, with the group set to submit the prospectus during the third quarter the year.“We hope to...

BY P. ARUNABakke: ‘We will close the year around 3% or 4% higher than last year.’KUALA LUMPUR: Sime Darby Bhd recorded a 5.4% higher net profit to RM699mil for its third quarter ended March 31, while revenue jumped 21.6% to RM12.4bil, mainly on the back of higher crude palm oil (CPO) prices.CPO...

BY INTAN FARHANA ZAINULPETALING JAYA: Mah Sing Group Bhd, which reported a net profit of RM90.42mil in the first quarter ended March 31, says it plans to buy more land in the Klang Valley area.The property developer is targeting to increase its land bank’s gross development value (GDV) in the...

Lee: ‘Our current property offerings, including the Aria KLCC, have seen encouraging take-up rates in spite of the slowdown in demand for high-end developments.’KUALA LUMPUR: Hap Seng Consolidated Bhd expects its tile manufacturing unit to significantly boost revenue of the company’s building...

BY M. HAFIDZ MAHPARBotanika Bayu Puteri in Johor is an ongoing project by IWCity.KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) swung to an operating profit of RM2.02mil in the first quarter ended March 31, 2017, from a RM182,000 loss a year ago.However, a one-off corporate expense of...