News about AG

KUALA LUMPUR (July 6): China-listed developer Agile Property Holdings Ltd plans to launch its debut project in Malaysia in the third quarter of 2015 (3Q2015).

Twenty-two 1940s shophouses along Jalan Doraisamy in Kuala Lumpur that had been converted into the Asian Heritage Row of nightspots in the early 2000s, are again being readapted.

KUALA LUMPUR (June 23): Majlis Amanah Rakyat (Mara) chairman Tan Sri Annuar Musa today said he would issue an official statement tomorrow regarding a report by Australian daily The Age over the entity's alleged purchase of a RM65 million property in Melbourne.

KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.

YANGON, MYANMAR (June 19): Sedona Hotel Yangon is adding an expansive new wing to its existing building.

PENANG (June 16): Penang Gerakan Youth legal and public complaints bureau chief Jason Loo Jieh Sheng has criticised the state government's guideline that restricted the purchase of properties by foreigners to only units above RM2 million on the island and RM1 million on the mainland.

KUALA LUMPUR (June 15): Pilgrims fund Lembaga Tabung Haji has yet to finalise the sale of its parcel of land at the Tun Razak Exchange (TRX) project, which it bought from 1Malaysia Development Bhd (1MDB) in April, Putrajaya said today.

PETALING JAYA (June 13): Agacia Land Sdn Bhd is transforming 100 acres of ex-tin mining land in Kampar, Perak, into a RM1.

KUALA LUMPUR: Property developer Magna Prima Bhd ( Financial Dashboard) and its subsidiary Embassy Court Sdn Bhd (ECSB) are being sued by 24 people for RM25 million, for the alleged poor quality of its six-star luxury condominium, The Avare, at KLCC.

PENANG: The Penang government has created a new category of housing applicants for affordable homes – the talented and skilled.