Courtyard by Marriott opens new hotel in KL
The hotel is situated on Jalan Puchong, Kuala Lumpur, and is part of the 5.2-acre (2.1-hectare) Bloomsvale @ OKR mixed development by Kerjaya Prospek Property Bhd.
Perak Corp refutes claims of land losses due to unpaid rent
Perak Corp Bhd (KL:PRKCORP), which is 52.9% owned by the Perak State Development Corp, has dismissed allegations that it is losing significant land parcels due to unpaid rent, saying they are "categorically false".
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina Group Bhd has exited its investment in Chinese motor circuit company Zhuhai International Circuit Ltd (ZICL) after more than a decade, as it sold its stake in Lamdeal Investments Ltd (LIL), which owns a 60% stake in ZICL, for 192.18 million yuan (RM124.74 million) cash.
KTI Landmark closes 5% below IPO price on ACE Market debut
Sabah-based integrated property developer KTI Landmark Bhd (KL:KTI) made a lacklustre debut on Bursa Malaysia on Wednesday, becoming the third company so far this year to close below the initial public offering (IPO) price on the first trading day.
Binastra secures RM332m construction job in Kota Kinabalu
Binastra Corp Bhd (KL:BNASTRA) said on Wednesday that it had secured an RM331.7 million contract to construct a residential apartment complex in Kota Kinabalu, Sabah.
DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur
Noteworthy:
- Built-up size: 3,325 sq ft
- Land size: 3,325 sq ft
- No of units rented: 3
- Unfurnished
- Nearby amenities: Hang Tuah Monorail, LaLaport @ BBCC, MRT Merdeka, The Exchange TRX, MRT Bukit Bintang, Pavilion Bukit Bintang, Tung Shin Hospital, Berjaya Times Square
- Accessibility: Jalan Hang Tuah, Jalan Pudu, Jalan Loke Yew, Jalan Kampung Pandan, Jalan Yew, MEX
When: April 2024
Matrix Concepts seals second JV with NS Corp to develop MVV2.0 land in RM436m deal
Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) has inked a second joint venture (JV) with NS Corp to develop new prime land in Malaysia Vision Valley 2.0 (MVV2.0) into a sustainable township in a deal worth RM435.6 million.
Iskandar Investment partners TM-Nxera to develop RM9 bil AI-ready digital infrastructure in Iskandar Puteri
Iskandar Investment Bhd (IIB), the master developer of Iskandar Puteri, has partnered with TM-Nxera via River Retreat Sdn Bhd to develop a digital infrastructure with an approximate investment value of RM9 billion at Medini, Iskandar Puteri, Johor.
KTI Landmark to launch two residential projects in Sabah with GDV of RM600m by 2028
Sabah-based integrated property developer KTI Landmark Bhd (KL:KTI), which was listed on Wednesday, said it plans to launch two new residential projects in Sabah by 2028, with a combined gross development value (GDV) of RM599.6 million.
MUI secures RM912 mil loan to refinance debt, renovate London hotel
Malayan United Industries Bhd (MUI) (KL:MUIIND) has secured a term loan facility of up to £152.5 million (RM912.16 million) from CF Hyde Park LP to refinance its existing term loan facility of its Corus Hyde Park Hotel in London, UK.
