UEM Sunrise unveils sales gallery of its first development in Perth
UEM Sunrise Bhd (KL:UEMS) unveiled the sales gallery of its One Oval mixed-use development in Perth, Australia on Wednesday.
Paramount says not eyeing other F&B biz following Envictus stake buy
Paramount Corp Bhd (KL:PARAMON) has no plan to acquire additional F&B businesses after the acquisition of a 28% stake in Singapore-listed Envictus International Holdings Ltd, said group chief executive officer Jeffrey Chew Sun Teong.
Kwasa Land grants LBS development rights for RM8.3b project in Kwasa Damansara
Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF), has awarded LBS Bina Group Bhd (KL:LBS) development rights for an RM8.3 billion residential project in the Kwasa Damansara township.
KLK Land partners Kuen Cheng Education to build second high school campus in Sg Buloh
KLK Land Sdn Bhd, the property arm of Kuala Lumpur Kepong Bhd (KL:KLK), is partnering with Kuen Cheng Holistic Education Bhd to build the second Kuen Cheng high school, named Kuen Cheng High School 2, at KLK Land's Bandar Seri Coalfields development in Sg Buloh, Selangor.
Paramount to buy 28% of Texas Chicken, SF Coffee operator for RM126m from Johari Ghani's JAG
Property developer Paramount Corp Bhd (KL:PARAMON) plans to acquire a 28% stake in the operator of Texas Chicken and San Francisco Coffee in Malaysia for S$38.33 million (RM126.32 million) cash, as it looks to expand its footprint in the food and beverage (F&B) sector.
IGB’s REITs post higher 2Q NPIs on higher rental income
IGB Real Estate Investment Trust (KL:IGBREIT) and IGB Commercial REIT (KL:IGBCR) logged higher net property income (NPI) for the second quarter on the back of higher rental income.
Most electricity consumers could see tariff rebate for coming months on low fuel prices
Peninsular Malaysia’s electricity tariffs will see a fuel rebate of 1.45 sen/kWh in August, Parliament heard, while Tenaga Nasional Bhd (KL:TENAGA) also projected bigger rebates in September-November due to lower-than-projected fuel costs.
IJM Land and Amona Group formalise MOUs with sixteen tenants for Enlace Shoppes
IJM Land Bhd and Amona Group have signed memoranda of understanding (MOUs) with 16 tenants for Enlace Shoppes on July 25. Enlace Shoppes is the retail component within Enlace, a 18.18-acre mixed-use development in Pantai Sentral Park, Kuala Lumpur.
Titijaya reports fire at Kota Kinabalu condominium
Property developer Titijaya Land Bhd (KL:TITIJYA) said a fire broke out on Tuesday at a condominium in Kota Kinabalu, Sabah, owned by its subsidiary Laksana Wawasan Sdn Bhd.
Ekovest, Knusford shares decline after merger falls through
Shares of Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) slid on Tuesday after their proposed merger fell through following the third extended deadline.
