News about FIC

KUALA LUMPUR (Oct 3): Mudajaya Group Bhd has been awarded an RM118.

KUALA LUMPUR (Sept 30): Home prices in the country grew by 41.

PETALING JAYA (Sept 19): Country Garden Pacificview Sdn Bhd, the master developer of Forest City in Johor, will be holding lucky draws at its project’s sales galleries throughout Malaysia this month and next month with prizes including 30g gold bars with a cumulative weight of 1,600g.

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

PETALING JAYA (Aug 28): The Urban Land Institute (ULI) Asia Pacific is collaborating with global think thank Fung Global Retail & Technology (FGRT) for the upcoming ULI Asia Pacific Summit in June 2018 to highlight the effect and integration of technological innovation into shopping centres and retailers.

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

KUALA LUMPUR (Aug 25): Datuk Noor Ehsanuddin Mohd Harun Narrashid has quit as an independent and non-executive director of Felda Global Ventures Holdings Bhd (FGV), citing “professional and personal reasons”.

KUALA LUMPUR (Aug 24): The Malaysian Anti-Corruption Commission (MACC) will have to go to foreign shores to continue its investigations into Felda Investment Corp’s (FIC) London hotel purchase.

KUALA LUMPUR (Aug 21): Former Felda chairperson Mohd Isa Samad is a suspect in the purchase of two hotels by Felda Investment Corp (FIC), the MACC confirmed today.

PETALING JAYA (Aug 21): Occupancy rates for purpose-built offices (PBOs) in Kuala Lumpur city continued its decline to record at 80.