News about FIC

PETALING JAYA (Aug 7): There are at least 31 schools in Penang that are currently operating without the Certificate of Completion and Compliance (CCC) – prompting concerns over the safety of children studying in these premises.

PETALING JAYA (July 31): Asia Pacific is the top source of cross-border capital outflows for 2017, said global real estate consultancy Knight Frank's "Active Capital: The 2018 Report” which was released today.

PETALING JAYA (July 26): Leasing enquiries from the oil and gas and related sectors as well as multinationals in other service industries exploring the Kuala Lumpur office market have picked up in the first half of 2018 (1H18) as the crude oil price appears to stabilise, according to Knight Frank Malaysia.

PETALING JAYA (July 23): Amid Malaysia’s soft office market, luxury serviced office and co-working space provider Colony Space Asia Sdn Bhd revealed a prototype for its future luxury office suites called Jamestown Suite today.

KUALA LUMPUR (July 12): Datuk Arifin Haji Awang has resigned as an executive director of Penang-based Ivory Properties Group Bhd, due to a health issue.

PETALING JAYA (June 29): Close to half of the Small Office Home Office (Soho) units or 1,430 units of  2,912 units launched in Kuala Lumpur that  are under construction, remain unsold in 1Q2018.

PETALING JAYA (June 29): The occupancy rate for purpose-built office buildings in the country dipped slightly in the first quarter of 2018 (1Q2018) to 77.

KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.

KUALA LUMPUR (June 26): The government will proceed with the East Coast Rail Link (ECRL) if it can obtain more favourable terms through renegotiation and the project’s cost is brought down, said Prime Minister Tun Dr Mahathir Mohamad.

PETALING JAYA (June 25): The Federal Government has ordered Dewan Bandaraya Kuala Lumpur (DBKL) to suspend meetings with its advisory board indefinitely, reported The Star.