Company Overview and News

Selangor Dredging shifts focus to S'pore with RM1.5b property launches

2018-08-30 theedgemarkets
KUALA LUMPUR (Aug 30): Selangor Dredging Bhd will shift its focus to the Singapore property market due to an oversupply in the Malaysian residential real estate segment.

Trading ideas: KPS, Selangor Dredging, UMW, TA Enterprise

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS), Selangor Dredging Bhd (SDB), UMW Holdings Bhd and TA Enterprise Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
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SDB buys 17 parcels of land in Singapore for RM180mil

KUALA LUMPUR: Selangor Dredging Bhd (SDB) has entered into an agreement to purchase, via Tiara Land Pte Ltd, 17 parcels of land from individual owners for a sum of S$60.3mil (RM180.05mil).

KLCI to trade range bound within tight band, global trade war worries to persist

2018-07-02 theedgemarkets
KUALA LUMPUR (July 3): The FBM KLCI is expected to trade range bound today within a tight band, in line with the lower overnight close at most global markets, but could find some encouragement from the positive close at Wall Street.
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Maybank, Petaling Tin, KPS, UMW, Computer Forms, Parlo, Selangor Dredging, Pasdec, Tropicana and MyEG

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): Based on corporate announcements and news flow today, companies in focus on Tuesday (July 3) may include: Maybank, Petaling Tin, KPS, UMW, Computer Forms, Parlo, Selangor Dredging, Pasdec, Tropicana and MyEG.
6912 2224 1155 5843 KMTUF 4588 MLYBY MLYNF 2208 8044

Selangor Dredging's associate company to buy 17 Singapore land plots for RM180m

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): Selangor Dredging Bhd (SDB) announced today its associate company plans to buy 17 parcels of adjacent properties in the prime District 13 in Singapore for S$60.26 million (RM180.06 million), where the latter intends to develop exclusive mid-rise apartments.
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SDB buys land in District 13, Singapore

2018-07-02 malaymail
KUALA LUMPUR, July 2 — Selangor Dredging Berhad (SDB) has entered into an agreement to purchase via Tiara Land Pte Ltd, a 50 per cent-associated company of SDB International Sdn Bhd, 17 parcels of land from individual landowners for a sum of S$60,262,500, which is equivalent to RM180,048,768, a statement today said.

Property: The highest-priced deals in town in 2017

2018-07-02 theedgemarkets
SLOWDOWN or not, there are still multi-million ringgit deals to be made and last year saw its fair share of real estate transactions of above RM10 million each. From residential high-end bungalows to prime development lands, from office buildings to heritage shophouses and factory units, there was definitely something for every buyer with deep pockets.
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