PETALING JAYA: I-Berhad (I-Bhd), master developer of i-City, today announced a RM100 million investment pledge in Redeemable Preference Shares from its major shareholder Tan Sri Lim Kim Hong. The financial backing is geared towards expediting property development pipeline in i-City, to leverage the anticipated upswing in the property market. It also underscores a strong vote of confidence in...
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KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT) remains steadfast in its investment objective of acquiring high-quality, accretive properties with strong recurring rental income. “We shall continue to evaluate acquisition targets of Grade A logistics facilities and well-located manufacturing facilities with...
PETALING JAYA: Citaglobal Bhd will continue embarking on opportunities to improve contributions of the civil engineering and construction sector besides the energy division. In a filing with Bursa Malaysia, the engineering company said it would implement initiatives including acquisition growth while actively tendering...
While 2023 has so far been a good year for the property market, it has not been without challenges, with developers incorporating unique strategies to remain competitive and profitable. Read full story Source link...