Winners for 11th Malaysian Property Summit revealed
PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
Ewein confirms MD remanded by MACC in Penang graft probe
KUALA LUMPUR (Jan 10): Penang-based property developer Ewein Bhd confirmed that its group managing director Datuk Ewe Swee Kheng has been remanded by the Malaysian Anti-Corruption Commission (MACC) to facilitate and assist in the graft probe in relation to the Penang undersea tunnel project in Penang.
Bangladeshi worker body retrieved from building collapse rubble
PETALING JAYA (Jan 10): Firefighters have early this morning retrieved the body of a Bangladeshi worker who was trapped beneath the rubble of a building under construction that had collapsed at Jalan Cochrane.
Sabah land deal secured in Bitcoin
PETALING JAYA (Jan 9): A Sabahan businessman had secured the sale of a 1.
Horizon Village Outlets secures 22 tenants so far
PETALING JAYA (Jan 11): Horizon Village Outlets (HVO) has secured 22 tenants so far – with the latest being Swarovski under specialist retailer Valiram Group — as well as eight others, namely Skechers, Lancaster, Cosas United, Focus Point, Multi.
AMMB ends JV with ARA Asset, inks deal with Amcorp Prop to manage REIT
KUALA LUMPUR (Jan 5): AMMB Holdings Bhd is terminating its joint venture with Singapore-based ARA Asset Management (Malaysia) Ltd, and is instead signing a new agreement with Amcorp Properties Bhd to manage its real estate investment trust.
Selangor Dredging active, jumps 12.26% on special dividend
KUALA LUMPUR (Jan 4): Selangor Dredging Bhd (SDB) jumped 12.
MRCB sells 70% of property project in Setapak to Lembaga Tabung Haji for RM100.1m cash
KUALA LUMPUR (Dec 27): Malaysian Resources Corp Bhd (MRCB) has entered into agreement with Lembaga Tabung Haji for the pilgrim fund to purchase a 70% stake in 59INC Sdn Bhd, which owns three parcels of land in Setapak for mixed development, for RM100.
