I-City project to woo MSC-status firms
By AZLAN ABU BAKARI-BERHAD’S I-City Properties Sdn Bhd is confident of attracting a significant number of companies especially those from the knowledge-based industry to its RM1.5 billion I-City project.The 29ha ICT-based super regional integrated digital city which is now being developed in Shah Alam, Selangor, is expected to attract multimedia super corridor (MSC)-status companies to [...]
LBS Bina in RM5b China joint venture
By ANNIE FREEDA CRUEZMALAYSIA’s LBS Bina Group Bhd has entered into a potentially lucrative RM5 billion joint venture to build a golf course, motor racing circuit, and other properties in Zhuhai, China.Managing director Datuk Lim Hock San said LBS Bina will jointly develop the project with a Zhuhai City Government-owned company.The Chinese partner will provide [...]
Ireka to list property portfolio on LSE Main Market
By THE EDGEIreka Corporation Bhd will list its property development portfolio on the Main Market of the London Stock Exchange instead of the Alternative Investment Market (AIM) of the bourse.The proposed listing of the property assets were under the corporate exercise which involved the disposal of its entire stake in Ireka Land Sdn Bhd (ILSB) [...]
Analysts’ four favoured sectors
By KATHY FONGKUALA LUMPUR: The plantation, construction, property and oil and gas (O&G) sectors are favoured by analysts for the second quarter. Despite the sharp rise in the price of plantation stocks that fuelled the bull run on Bursa Malaysia since last October, this sector remains attractive. Analysts said the current upcycle for crude palm [...]
Analysts positive on Atrium REIT listing
BY GOH EE KOONPETALING JAYA: The upcoming listing of Malaysia’s first industrial real estate investment trust (REIT), Atrium REIT, has found favour with analysts, given a number of positive factors such as high dividend yield, stable returns and full occupancy. A local research house said in a note that the REIT’s dividend yield of 7.2% [...]
i-City infrastructure lure for IT companies
By THE STARSHAH ALAM: To cater for the cutting-edge businesses it plans to attract to its development, I-City Properties Sdn Bhd has teamed up with Cisco Systems to offer IT companies comprehensive technology infrastructure at its i-City project. I-Properties, a subsidiary of I-Bhd, is expected to complete the shop offices with landed titles at …
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