News about ER

PETALING JAYA (May 11): The 2016 Mapex Property Showcase is targeting to have at least 25,000 visitors at the five-day event, the organising chairperson of Mapex 2016, Carrie Fong told TheEdgeProperty.

PETALING JAYA (May 11): Japanese property developer Tokyu Land and property investment company NTT Urban Development Corp will launch the Branz Tower Wellith Shinsaibashi South project in Tokyo this weekend in Malaysia, said JLL Property Services (Malaysia) Sdn Bhd head of international residential property services Jazmine Goh.

KUALA LUMPUR (May 11): Malaysia Building Society Bhd (MBSB)’s net profit for the first quarter ended March 31, 2016 (1QFY16) slumped by 71.

KUALA LUMPUR (May 11): Property company LBS Bina Group Bhd's unconditional mandatory takeover offer of ML Global Bhd at 56 sen per share and six sen per warrants was deemed as not fair and not reasonable by independent adviser MainStreet Advisers Sdn Bhd.

AFTER spending the most of the last seven years jetting back and forth between Vancouver, Canada, and Kuala Lumpur, the 36-year-old new CEO of TA Global Bhd, Tiah Joo Kim (pictured) — the third child and eldest son of chairman Datuk Tony Tiah and his wife Datin Tan Kuay Fong — says he is now back in town to “crack the whip” and get the group’s property projects moving.

•     Today, we continue our focus on Cheras in Kuala Lumpur by looking at average prices on a per square foot (psf) basis.

PETALING JAYA (May 10): The en-masse sale of the 7.

KUALA LUMPUR (May 10): Enra Group Bhd [formerly Perduren (M) Bhd] said it has mutually agreed to terminate a share sale agreement (SSA) with Meridian Hectares Sdn Bhd to dispose of a 30% stake in property developer Landmark Zone Sdn Bhd to the latter for RM13.

PETALING JAYA (May 10): Hua Yang Bhd has launched the second phase of its residential development Ridgewood in Bercham, Perak, which comprises 3-storey cluster semi-detached homes, three-storey linked bungalows and three-storey bungalows, the company said in a press release today.

KUALA LUMPUR (May 9): Kerjaya Prospek Group Bhd (formerly Fututec Bhd) is set to win a contract worth RM300 million from property developer BCB Bhd to build a major high-rise project in Iskandar Malaysia, Johor, according to sources.