NewsFeed http://www.theedgeproperty.com.my/frontpage en Paramount to sell education biz for RM540.5m, pay RM177m special dividend http://www.theedgeproperty.com.my/content/1552650/paramount-sell-education-biz-rm5405m-pay-rm177m-special-dividend <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/paramount_7_20.jpg?null&amp;itok=3wXT2WuA"><a href="/content/1552650/paramount-sell-education-biz-rm5405m-pay-rm177m-special-dividend"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/paramount_7_20.jpg?null&amp;itok=3wXT2WuA" width="220" height="147" alt="paramount_7.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The sale is expected to result in a pro forma gain of RM487.81 million — improving earnings per share (EPS) by RM1.10, with the group distributing RM177 million of the proceeds as dividends to shareholders within six months of the agreement.</p> </div></div></div> Thu, 20 Jun 2019 04:13:59 +0000 james.chong@bizedge.com 1552650 at http://www.theedgeproperty.com.my Melaka to buy water from Negeri Sembilan to address water supply issue http://www.theedgeproperty.com.my/content/1552649/melaka-buy-water-negeri-sembilan-address-water-supply-issue <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/13120132_s_3.jpg?null&amp;itok=nW25pKyx"><a href="/content/1552649/melaka-buy-water-negeri-sembilan-address-water-supply-issue"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/13120132_s_3.jpg?null&amp;itok=nW25pKyx" width="220" height="151" alt="13120132_s.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>SAMB will buy treated water supply from Sains at RM1.40 per cubic metre for areas bordering Melaka.</p> </div></div></div> Thu, 20 Jun 2019 04:09:00 +0000 teh.prisca@gmail.com 1552649 at http://www.theedgeproperty.com.my Johor seeks new durian variety to commercialise http://www.theedgeproperty.com.my/content/1552643/johor-seeks-new-durian-variety-commercialise <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/durian_20_0.jpg?null&amp;itok=86kq4pD6"><a href="/content/1552643/johor-seeks-new-durian-variety-commercialise"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/durian_20_0.jpg?null&amp;itok=86kq4pD6" width="220" height="152" alt="durian_20.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Only durian varieties grown from Johor will be eligible for entry into the competition, and these should not include the 12 varieties already registered with the Agricultural Department</p> </div></div></div> Thu, 20 Jun 2019 04:07:00 +0000 james.chong@bizedge.com 1552643 at http://www.theedgeproperty.com.my DONE DEAL: Condominium unit, 10 Mont'Kiara, Kuala Lumpur http://www.theedgeproperty.com.my/content/1552451/done-deal-condominium-unit-10-montkiara-kuala-lumpur <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mk10.jpg?null&amp;itok=kcuXZo_e"><a href="/content/1552451/done-deal-condominium-unit-10-montkiara-kuala-lumpur"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/mk10.jpg?null&amp;itok=kcuXZo_e" width="220" height="165" alt="mk10.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Rented for: RM12,000 per month (RM3.27 psf); Date: December 2018; Concluded by: Kevin Teh (REN 02206, 013-555 7333) and Ceryn Ho (REN 13390) from Propstar Realty</p> </div></div></div> Thu, 20 Jun 2019 03:30:00 +0000 james.chong@bizedge.com 1552451 at http://www.theedgeproperty.com.my Heavy gaming taxes force Genting boss to take 20% pay cut http://www.theedgeproperty.com.my/content/1552613/heavy-gaming-taxes-force-genting-boss-take-20-pay-cut <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20190228_peo_tansrilimkokthay3_sam.jpg?null&amp;itok=x2_C6cEe"><a href="/content/1552613/heavy-gaming-taxes-force-genting-boss-take-20-pay-cut"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/20190228_peo_tansrilimkokthay3_sam.jpg?null&amp;itok=x2_C6cEe" width="220" height="131" alt="20190228_peo_tansrilimkokthay3_sam.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Lim Kok Thay’s gesture is expected to offset costs.</p> </div></div></div> Thu, 20 Jun 2019 03:09:02 +0000 james.chong@bizedge.com 1552613 at http://www.theedgeproperty.com.my PKR gives Haziq 14 days to answer ‘show-cause’ letter http://www.theedgeproperty.com.my/content/1552607/pkr-gives-haziq-14-days-answer-%E2%80%98show-cause%E2%80%99-letter <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/haziq_aziz_fb_220119-2__full_facebook_1.jpg?null&amp;itok=Orx_rCJU"><a href="/content/1552607/pkr-gives-haziq-14-days-answer-%E2%80%98show-cause%E2%80%99-letter"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/haziq_aziz_fb_220119-2__full_facebook_1.jpg?null&amp;itok=Orx_rCJU" width="220" height="141" alt="haziq_aziz_fb_220119-2__full_facebook.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Chairman of the PKR disciplinary board Datuk Ahmad Kassim said the letter to be delivered today was in view of the statement by Haziq which damaged the credibility and destroyed the reputation of the party leadership.</p> </div></div></div> Thu, 20 Jun 2019 02:59:00 +0000 james.chong@bizedge.com 1552607 at http://www.theedgeproperty.com.my Francis Yeoh is now Lafarge Malaysia’s chairman http://www.theedgeproperty.com.my/content/1552600/francis-yeoh-now-lafarge-malaysia%E2%80%99s-chairman <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/ytl.png?null&amp;itok=tUincIf0"><a href="/content/1552600/francis-yeoh-now-lafarge-malaysia%E2%80%99s-chairman"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/ytl.png?null&amp;itok=tUincIf0" width="220" height="138" alt="ytl_corp.png" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>YTL Cement Sdn Bhd, a 98%-owned unit of YTL Corp, has acquired a 51% stake in Lafarge Malaysia. It has subsequently launched a mandatory general offer to Lafarge Malaysia’s minority shareholders for the remaining shares in the company at RM3.75 per share.</p> </div></div></div> Thu, 20 Jun 2019 02:56:46 +0000 james.chong@bizedge.com 1552600 at http://www.theedgeproperty.com.my UDA Holdings to launch mixed development project in 1Q 2020 http://www.theedgeproperty.com.my/content/1552592/uda-holdings-launch-mixed-development-project-1q-2020 <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/udaholdings_1.jpg?null&amp;itok=sZ7ydbVB"><a href="/content/1552592/uda-holdings-launch-mixed-development-project-1q-2020"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/udaholdings_1.jpg?null&amp;itok=sZ7ydbVB" width="220" height="157" alt="udaholdings.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The development, which is also the first joint venture project between UDA, South East Johor Development Authority and IR Security, will be constructed in five phases.</p> </div></div></div> Thu, 20 Jun 2019 02:46:00 +0000 james.chong@bizedge.com 1552592 at http://www.theedgeproperty.com.my Skytrax names Plaza Premium Lounge top independent airport lounge http://www.theedgeproperty.com.my/content/1552579/skytrax-names-plaza-premium-lounge-top-independent-airport-lounge <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/skytrax.jpg?null&amp;itok=4MAkYTXa"><a href="/content/1552579/skytrax-names-plaza-premium-lounge-top-independent-airport-lounge"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/skytrax.jpg?null&amp;itok=4MAkYTXa" width="220" height="119" alt="skytrax.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Plaza Premium Lounges in Hong Kong and Brisbane were also ranked among the world’s Top 10.</p> </div></div></div> Thu, 20 Jun 2019 02:41:18 +0000 james.chong@bizedge.com 1552579 at http://www.theedgeproperty.com.my No approval given for sale of Taiping aerodrome land: MB http://www.theedgeproperty.com.my/content/1552570/no-approval-given-sale-taiping-aerodrome-land-mb <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/ahmadfaizalazumu_2_fb_3.jpg?null&amp;itok=h6v2dR9f"><a href="/content/1552570/no-approval-given-sale-taiping-aerodrome-land-mb"><img typeof="foaf:Image" src="http://dbv47yu57n5vf.cloudfront.net/s3fs-public/styles/medium/public/field/image/ahmadfaizalazumu_2_fb_3.jpg?null&amp;itok=h6v2dR9f" width="220" height="166" alt="ahmadfaizalazumu_2_fb_3.jpg" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>"I can confirm that it never happened (sale of the land)."</p> </div></div></div> Thu, 20 Jun 2019 02:30:00 +0000 james.chong@bizedge.com 1552570 at http://www.theedgeproperty.com.my