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Liow: VEP enforcement date yet to be determined

KUALA LUMPUR: The government has yet to decide on an enforcement date for vehicle entry permits (VEP) for foreign vehicles entering Malaysia from Singapore, said Minister of Transport Datuk Seri Liow Tiong Lai.

E&O redevelops ESCA House

KUALA LUMPUR: Lifestyle property developer Eastern & Oriental Bhd (E&O) intends to take over and redevelop ESCA House in Baysways, London, that was built in 1919.

MPHB Capital up 6% on Bank Negara's approval for insurance arm stake sale

KUALA LUMPUR (Nov 6): MPHB Capital Bhd rose as much as 5.7% before reducing gains after Bank Negara Malaysia (BNM) approved its planned 49% stake disposal of its insurance unit.

MPHB Capital rose as much as 13 sen to RM2.43 before settling at RM2.37 at 12.30pm.

For comparison, the FBM KLCI fell 3.34 points or 0.2% to settle at 1,844.44.

Mitrajaya lands RM401.88m condominium job from UEM Sunrise unit

KUALA LUMPUR (Nov 5): Mitrajaya Holdings Bhd’s unit has secured a construction project worth RM401.88 million from a unit of the UEM Sunrise Bhd group.

In a filing Wednesday, Mitrajaya said its unit Pembinaan Mitrajaya Sdn Bhd had been awarded the project to build the main buildings and external works for two blocks of condominium at Mont’ Kiara, Kuala Lumpur.

SPAD dismisses KL-Singapore high speed rail delay reports

KUALA LUMPUR: Public Transport Commission (SPAD) has dismissed reports that the Kuala Lumpur-Singapore high speed rail project (HSR) may be delayed, despite having previously hinted that there might be “problems” with the timeline of the project’s expected completion.

Quek's Tower REIT 9M realised income plummets 34% to RM15.9m

KUALA LUMPUR (Nov 4): Tower Real Estate Investment Trust’s (REIT) net profit fell 49% to RM4.3 million in the third quarter ended Sept 30, 2014 (3QFY14), from RM8.4 million in the previous corresponding quarter.

The REIT is part of Tan Sri Quek Leng Chan's stable of Hong Leong Group companies.

Battersea Power Station goes global

BATTERSEA POWER STATION DEVELOPMENT CO LTD (BPSDC) kicked off the Battersea Power Station (BPS) global tour with a simultaneous global launch in seven cities last Friday.

Battersea Power Station goes global

BATTERSEA Power Station Development Co Ltd (BPSDC) kicked off the Battersea Power Station (BPS) global tour with a simultaneous global launch in seven countries last Friday.

YTL Hospitality shines with above 8% yield

KUALA LUMPUR: Analysts may have a “neutral” stand on the local real estate investment trusts (REIT) market with a less than rosy outlook for next year, but YTL Hospitality REIT seems to be shining through the gloom with its considerably high 12-month rolling distribution yield of above 8.29%.