KUALA LUMPUR (March 4): Property developer Mulpha Land Bhd saw 10.95 million shares, which represents 4.8% stake in its overall outstanding shares, traded off-market today.

According to Bloomberg data, the shares were transacted in three blocks for a total of RM5.07 million or between 45 sen and 47 sen a piece.

KUALA LUMPUR (March 4): Country View Bhd saw its executive director Law Kit Tat increase his stake to almost 20% of the group’s overall share capital today, after he acquired an additional 3.84% equity interest outside trading hours.

KUALA LUMPUR (March 4): Property developer Fitters Diversified Bhd intends to redevelop the 2.3-acre Plaza Pekeliling along Jalan Tun Razak here into a small office/home office (SOHO) concept building.

KUALA LUMPUR (March 4): BCB Bhd has entered into a memorandum of understanding (MOU) with HELP University Sdn Bhd, which will see both parties collaborating to set up an education and training centre in Kluang, Johor.

IT has been almost 10 months since the redeveloped Jaya Shopping Centre (JSC) in Section 14, Petaling Jaya, opened but tenants say they are struggling and contend that the neighbourhood mall could perform better.

Retailers in the mall say they would like management to review the rental agreement and a couple have said they are prepared to move out if things do not improve.

KUALA LUMPUR (Mar 4): Kwasa Land Sdn Bhd, a wholly-owned unit of the Employees Provident Fund (EPF), has roped in Impiana Land & Development Sdn Bhd as development partner for a planned RM400 million residential project.  

KUALA LUMPUR (March 4): Sungei Wang Plaza Management Corp said it's business as usual for the popular shopping mall on Jalan Bukit Bintang here that it manages, reiterating that its operation is unaffected by the temporary closure of Bukit Bintang Plaza (BB Plaza) that is located next door.

KUALA LUMPUR (March 2): Logistics and office property trust Axis Real Estate Investment Trust (Axis-REIT) has proposed to split each of its existing units into two, do a 20% placement of the enlarged base, and issue new units via a unit reinvestment plan.

ANYONE who has owned a landed or high-rise property knows that the headache isn’t so much in finding a tenant but ensuring he or she will not affect your investment. For the tenant, it is having issues like a leaking refrigerator or uneven floor tiles dealt with quickly.

KUALA LUMPUR (March 2): The Employees Provident Fund (EPF) had ceased to be a substantial shareholder in Eastern & Oriental Bhd as of Feb 26, according to a Bursa Malaysia filing today.

This followed the disposal of 675,000 shares, representing 0.06% interest in E&O (fundamental: 1.5; valuation: 0.6).