In a statement, IGB Corp Bhd said its executive director Tan Boon Lee and Marriott International asset management vice president Daphne Tan have inked a management agreement (MA) on the continuation of the hotel's management.
The HSR, to traverse 350km between both countries, is expected to be up and running by 2025.
The conglomerate, via its indirect wholly-owned unit Sime Darby Property Singapore Ltd (Sime Darby Prop Singapore), will also be taking up an 80% stake in Japan Regional Assets Manager Ltd (JRAM), the manager of Saizen REIT.
MBSB said it had embarked on a "Closing the Gaps" exercise since 2010 to bridge its frameworks to be in line with banking standards and best practices.
Contract is for a period of three years.
Naim-Gamuda bags RM1.57 billion job, Mudajaya-Musyati wins RM1.33 billion
In a filing with Bursa Malaysia, MPCorp said it has sold some units of the 23-storey complex and save for those units, Wisma MPL will be sold to Terra Pontus.
“This is in line with FIC’s goal to become another large investment company in Malaysia via highly viable diversified investments that could generate attractive returns in the long run.”
Public Bank said the BR would be lowered to 3.52% while the BLR will be at 6.72%.
The Sime Darby Property Bhd-CapitaLand Mall Asia joint venture has decided to further extend the opening of its Melawati Mall to the second quarter of next year (2Q17).
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