Chong Hong Chuon confirmed as AmFIRST REIT CEO
Chong Hong Chuon has officially assumed the role of the chief executive officer of AmREIT Managers Sdn Bhd, the manager of AmFIRST Real Estate Investment Trust (AmFIRST REIT), effective immediately.
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Tropicana Alam unveils 3,600 sq ft property gallery, attracts over 600 early bird registrants during opening weekend
Tropicana Alam unveilled its new 3,600 sq ft property gallery, attracting over 600 early bird registrants during its opening weekend.
Ireka Corp’s auditor flags group's ability to operate as going concern
Ireka Corp Bhd said its external auditor could not provide a basis for an audit opinion on the group’s audited financial statements for the year ended June 30, 2023 (FY2023) as it is unable to obtain sufficient appropriate audit evidence.
Tri-Mode to acquire leasehold land in Pulau Indah for RM42m
Tri-Mode System (M) Bhd has proposed to acquire three parcels of leasehold land in Pulau Indah, Klang for a total cash consideration of RM42 million.
Selangor Dredging buys 29.19-acre leasehold land in Dengkil for RM87.9m
Selangor Dredging Bhd’s wholly owned unit is buying 29.19 acres (11.81 hectares) of vacant leasehold land, together with completed earthworks, in Dengkil, Selangor for RM87.9 million from Xtra Touch Sdn Bhd.
Berjaya Land secures US$330 mil syndicated financing for development of Four Seasons Resort in Okinawa, Japan
Berjaya Land Bhd has secured a syndicated loan of US$330 million (RM1.58 billion) from a consortium of Japanese financial institutions to fund the development of the prestigious Four Seasons Resort & Private Residences in Okinawa, Japan.
Ageson’s external auditor unable to obtain sufficient evidence for audit opinion
Ageson Bhd’s external auditor, Jamal, Amin & Partners is unable to provide a basis for an audit opinion on the company’s audited financial statements for the 18-month financial period ended Dec 31, 2022 (FY2022) as the group has failed to provide sufficient appropriate audit evidence.
PTT Synergy clinches RM53 mil construction contract from Sime Darby Property
Integrated construction and property firm PTT Synergy Bhd has secured a RM53.29 million contract for construction and completion of various works related to Phase A (Package 1) Elmina Business Park 2 in Rawang.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur
Noteworthy:
- Freehold
- Built up size : 4,000 sq ft
- Land size: 10,000 sq ft
- 5 bedrooms, 4 bathrooms
- Unfurnished
- Nearby amenities:convenience stores, schools,Damansara City Mall, Bangsar Shopping Centre, MRT Semantan, MRT Pusat Bandar Damansara
- Accessibility: NPE highway, SPRINT highway
When: August 2023
Raising OPR not an effective tool to strengthen ringgit, say economists
“About using OPR to defend the currency, it is probably not ideal, if I may say, [it is] not effective.”
