KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.
KUALA LUMPUR (Nov 12): Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) suggested the government consider increasing the free float of the Airport REIT (AREIT) to more than 30% of the proposed stake, in line with the Bursa Malaysia's priority to attract higher foreign participation in the local capital market.
PETALING JAYA (Nov 12): Residents of Main Place (pictured) at USJ21, Subang Jaya, are not happy at all with the Joint Management Body (JMB) and developer.
KUALA LUMPUR: The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam.
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NIBONG TEBAL (Nov 9): Half of the low cost flats in the state have become slums, says Jawi assemblyman Jason H’ng Mooi Lye.
PETALING JAYA (Nov 9): Residents of low and medium cost Apartment Permai here have been living in fear since one of their retention walls collapsed in May.
KUALA LUMPUR (Nov 8): Former finance minister Tun Daim Zainuddin (pictured) said today that capital controls may not work for Malaysia now as market conditions have changed, compared with the 1997-1998 Asian financial crisis.
KUALA LUMPUR (Nov 8): Former finance minister Tun Daim Zainuddin said today that talks are ongoing with China on Malaysia's proposed East Coast Rail Link (ECRL) project.
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