NAPIC: Property market records sharp fall in 1H2020
PUTRAJAYA (Sept 22): The property market saw a steep y-o-y fall in the first half of 2020 (1H2020).
MB World share trade to be suspended on Sept 2
KUALA LUMPUR (Aug 26): MB World Group Bhd's share trade will be suspended from 9am next Wednesday (Sept 2) as the joint offerors under the takeover offer for the property developer have collectively held more than 90% its shares and they do not intend to maintain the listing status of MB World on Bursa Malaysia's Main Market.
Property developer Aspen teams up with Chua Ma Yu for rubber glove venture
KUALA LUMPUR (Aug 13): Singapore-listed property company Aspen (Group) Holdings Ltd has announced it will be teaming up with CMY Capital Sdn Bhd, an investment holding company founded by prominent businessman Tan Sri Chua Ma Yu, and another investor to diversify into the manufacture and distribution of rubber gloves.
Low interest rate environment: Will the property industry benefit?
KUALA LUMPUR (Aug 8): Will there be a “surge” in market interest for properties with the current low interest rates and “wealth effect” from the stock market? This is the question posed by The Edge Malaysia in its latest issue.
SC Estate unit accepts land plots in exchange for RM2.77m outstanding debt
KUALA LUMPUR (July 27): Property developer SC Estate Builder Bhd said its wholly-owned unit SC Estate Industries Sdn Bhd had agreed to accept 21 pieces of freehold land with buildings as settlement of a RM2.
Malaysia, Singapore to ink RTS deal on July 30, price tag to rise at least RM500m
KUALA LUMPUR (July 21): Malaysia and Singapore are set to sign the agreements for the Johor Bahru-Singapore Rapid Transit System (RTS) on July 30, with the price tag to see an upward revision of at least RM500 million from the earlier projected RM3.
CMMT 2Q NPI falls on significant rental waivers for tenants affected by MCO
KUALA LUMPUR (July 22): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) fell 61.
Malaysia, Singapore finalise discussions for RTS — Wee
KUALA LUMPUR (July 21): The governments of Malaysia and Singapore have finalised discussions on the Johor Bahru-Singapore Rapid Transit System (RTS), said Minister of Transport Datuk Seri Wee Ka Siong (pictured).
Rapid Transit System negotiations to be finalised this week — Transport Minister
KUALA LUMPUR (July 15): The bilateral negotiations for the Rapid Transit System (RTS) linking Johor Bahru and Singapore will be concluded this week, according to Transport Minister Datuk Seri Wee Ka Siong (pictured).
