Impiana Hotels sells Cherating properties
PETALING JAYA: Impiana Hotels Bhd is selling 146 units of serviced suites in Cherating, Kuantan to Silver Max Asia Pacific Labuan Ltd for RM146 million.
DONE DEAL: Kenny Vale bungalow, Bukit Tunku, Kuala Lumpur
Rented for: RM33,000 (average RM2.
Malaysia's National Budget Office seeks IDEAS' input for Budget 2020
KUALA LUMPUR (Sept 11): Malaysia's National Budget Office (NBO) had last month sought the Institute for Democracy and Economic Affairs' (IDEAS) inputs on institutional reforms for the Budget 2020 speech.
No more land deals for YWP
KUALA LUMPUR (Sept 10): In view of the controversies surrounding the Federal Territory Foundation (YWP), its chairman Khalid Abdul Samad said it has decided to stop venturing in businesses involving land deals.
Neutral outlook maintained for REIT sector
PETALING JAYA (Sept 6): Six out of eight real estate investment trusts (REITs) under our coverage recorded core net income (CNI) that was in line with our full-year forecasts.
1MDB-Tanore trial: Jho Low not advisor, Agong said in 2009 TIA meeting
KUALA LUMPUR (Sept 10): Datuk Amhari Efendi Nazaruddin has denied any knowledge that there were concerns raised in 2009 that fugitive financier Low Taek Jho, better known as Jho Low, has been misrepresenting himself as an advisor of then Yang Di-Pertuan Agong Sultan Mizan Zainal Abidin.
Five things the Johor property sector could do without
The second most populous state in Malaysia, Johor has remained attractive to investors.
1MDB forfeiture: Yayasan Rahah, Umno Pekan committee member consent judgments recorded
KUALA LUMPUR (Sept 6): The High Court here had today recorded the consent judgements between the prosecution and Yayasan Rahah and Umno Pekan committee member Ibrahim Awang Ismail, to forfeit funds they received from 1Malaysia Development Bhd (1MDB).
Gamuda Land opens new RM150m ELITE interchange to Gamuda Cove township
DENGKIL (Sept 6): Gamuda Land, the property arm of construction group Gamuda Bhd, has today opened the new RM150 million Gamuda Cove Interchange here, which provides direct access from the North-South Expressway Central Link (ELITE) Highway into the 1,530-acre Gamuda Cove township.
Hektar REIT bags Asean energy efficient building award for Subang Parade
KUALA LUMPUR (Sept 6): Hektar REIT was named the first runner-up in the Asean Energy Efficient Building: Retrofitted Building category at the Asean Energy Awards & Gala Dinner held in Bangkok, Thailand on Wednesday.
