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Top Global to grow hospitality business via M&A

Jennifer Chang, chief operating officer of property developer Top Global, describes the Singapore property scene as being at a “standstill” amid weak demand and a supply glut in the market. So, the group is charting a new course in hospitality. Earlier this year, it acquired a 35% stake in boutique hostel chain 5Footway Founders for S$2.5 million (RM7.2 million). And Chang says Top Global is on the lookout for similar acquisitions to grow its hospitality segment.

BBCC Sales Gallery celebrates Japan festival for a month

To commemorate the sizeable Japanese investments into the landmark Bukit Bintang City Centre (BBCC) here, BBCC Development Sdn Bhd will be hosting a month long Japanese-themed event titled YOKOSO: A Celebration of Japan @ BBCC at the project sales gallery starting today.

UEM Sunrise' MD takes leave of absence

UEM Sunrise Bhd’s managing director and chief executive officer Anwar Syahrin Abdul Ajib is taking a leave of absence from the property development group for personal reasons, with its parent’s group managing director Datuk Izzaddin Idris assuming his duties in the interim.