News by TheEdgeMarkets.com

Sentoria Group Bhd said it is taking legal advice on the purported termination of the lease agreements for 120 acres of Malay reserve land in Langkawi by Lembaga Pembangunan Langkawi (LADA).

Bank Negara Malaysia is not likely to take an aggressive stance in normalising its monetary policy to the pre-pandemic level as it would risk disrupting the ongoing economic recovery.

MIDF Research has maintained its “Neutral” rating on property sector and said it sees near-term outlook for property sector to remain unexciting due to the oversupply concern.

Gabungan AQRS Bhd has proposed to establish an Islamic commercial paper (ICP) and Islamic medium-term note (IMTN) programme of RM200 million in nominal value.

MGB Bhd has bagged another housing contract in Dengkil, Selangor from a unit of its major shareholder LBS Bina Group Bhd.

DoubleTree by Hilton, a component of i-City Finance Avenue, was opened to the public on July 27. In a press statement on Thursday, i-Bhd chairman Tan Sri Lim Kim Hong said that i-City Finance Avenue expects a footfall of 30,000 business travellers by the end of 2022.

Legoland Malaysia Resort has announced plans to enhance its theme park with new festive events and leisure activities, while also refurbish its Legoland Hotel rooms with new themes, to ride on the country’s tourism recovery.

In a Bursa Malaysia filing on Wednesday, KPower said 4.85% of the gross development value will be attributable to the state's affordable housing fund, which is under the purview of the housing department of Terengganu's state secretary

He is charged with causing the state land registrar to dispose of one of the plots in Bandar Tanjong Pinang — said to be worth RM135.086 million — to Ewein Zenith at the Department of Lands and Mines in Komtar on Feb 17, 2015.

A total of 13,038 applications worth RM1.5 billion have been approved under the Housing Credit Guarantee Scheme from its launch in 2008 until May 31 this year, said Deputy Finance Minister I Datuk Mohd Shahar Abdullah.