Hunza to uphold good governance after privatisation

GEORGE TOWN (Nov 19): Hunza Properties Bhd, which is being taken private by its majority shareholder Khor Teng Tong Holdings Sdn Bhd, along with persons acting in concert with a combined 59% stake in the Penang-based property developer, said it will be business as usual as a private company, adding that it will not neglect the element of corporate governance.

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Axis-REIT to buy four plots of land for RM61 mil

KUALA LUMPUR (Nov 11): The trustee of Axis Real Estate Investment Trust (Axis-REIT), RHB Trustees Bhd, has signed a sale and purchase agreement with Axis AME IP Sdn Bhd to acquire four plots of freehold land in Johor for RM61 million.

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