Daily Industry News Update (27 February 2022)

INDUSTRY NEWS (27 February 2022)

Sime Darby Property not ruling out REIT along transformation path

Sime Darby Property Bhd said it does not rule out the possibility of establishing a real estate investment trust (REIT) “down the road” ahead as part of the group’s transformation journey from a pure-play property developer into a real estate company.

Sime Darby Property reports full-year profit as new real estate sales tops target

Sime Darby Property Bhd reported a full-year net profit of RM136.9 million in the financial year ended Dec 31, 2021 (FY21) from a net loss of RM501.57 million a

Drawing new heights on KL city skyline

It was back in 1997 when Datuk Seri Ng Thien Phing founded NTP World Forum as a corporate training provider with some of the best clientele in the country. Driven by a bigger vision, Ng subsequently started NTP World Group