news

Office glut pushes Tower REIT to innovate

After reinventing its Menara HLA by offering co-working and co-living spaces, Tower REIT, part of the Hong Leong Group, is also looking to revamp another asset in an attempt to improve occupancy and net property income.

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Metronic board meets to consider Lee Kim Yew's call for special audit today

Lee, who owns a 29.01% equity interest in Metronic, said he instructed his solicitors to write to the Metronic board on Sept 30 to request the special audit on the executives’ share option scheme exercised in June, a joint venture announced on Aug 7, a proposed private placement announced on Aug 8 and also on the cash flow position of Metronic.

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