Atrium Real Estate Investment Trust's (REIT) net profit for the third quarter ended Sept 30, 2023 (3QFY2023) fell 4.1% year-on-year on higher expenses owing to an increase in finance costs amid the elevated interest rate environment.

Penang Development Corp (PDC) will be required to fully refund the deposit paid by Umech Land Sdn Bhd amounting to RM64.60 million following the termination of the joint development agreement (JDA) for the development of Batu Kawan Industrial Park 2 (BKIP2).

Noteworthy:

• Freehold
• Built up size: 1,000 sq ft
• Land size: 1,400 sq ft
• 3 bedrooms, 1 bathroom
• Unfurnished
• Nearby amenities:  Department stores, hypermarkets, hospitals, Pearl Point Shopping Mall, The Gardens Mall,  LRT Awan Besar
• Accessibility: KESAS highway, NPE highway

When: May 2023

S P Setia is collaborating with Ella, the legendary rock queen of the Malaysian music industry, to celebrate the company’s 50th anniversary.

The Sincerely, Setia Unity in Diversity (Penang Edition): Setia Caring School Programme (SCSP) Schools Outing – STEM Fun Learning organised by S P Setia Foundation in collaboration with The Institution of Engineers Malaysia was officiated by the Penang Deputy Chief Minister I, Dr Mohamad Abdul Hamid earlier this month.

The land is located along Jalan Duta in Mukim Batu, upon which sits the Malaysian Institute of Integrity, the National Archives, the Kuala Lumpur Syariah Court, the government complex building in Jalan Duta and the Federal Territory mosque.

The construction engineering solutions and services provider is set to have a market capitalisation of RM212.1 million upon listing, with an enlarged share capital of 606 million shares.

A majority of these housing projects have been granted Certificates of Completion and Compliance, while the rest have had their status changed to "in progress".

... replacing Datuk Chang Khim Wah, 59, who has resigned to focus on his executive role in Eco World Development Group Bhd (EcoWorld),

The office markets in Kuala Lumpur City (KLC), Kuala Lumpur Fringe (KLF) and Decentralised (DC) areas have observed an increase in transacted and asking rents in 3Q2023, driven by the demand for smart and green buildings and the flight-to-quality trend predominantly of financial services companies and multinational corporations (MNCs), said JLL Property Services (Malaysia) Sdn Bhd director of office leasing advisory Quiny Lee at the launch of JLL’s 3Q2023 Greater Kuala Lumpur Property Market Monitor: Sectorial Market Overview here on Monday.