Axis REIT to buy two industrial properties in Johor for RM55.8m
KUALA LUMPUR (Aug 14): Axis Real Estate Investment Trust is planning to acquire two industrial properties for a total of RM55.
George Kent, MRCB in LRT3 funding dispute
KUALA LUMPUR (Aug 14): A dispute has arisen between George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) over financing requirements for their joint-venture (JV) company that is undertaking the construction of the Light Rail Transit Line 3 (LRT3).
Nearby developments causing homes to crack, claim residents
Kajang (Aug 13): Cracking walls and sudden sinkholes are worrying residents of Bandar Damai Perdana 2 in Kajang, who claimed the damage is caused by rock blasting activities at two project sites nearby.
Calls to degazette Kuala Lumpur City Plan 2020 grow: Report
KUALA LUMPUR (Aug 12): The voices calling for Federal Territories Minister Khalid Abdul Samad to degazette the Kuala Lumpur City Plan 2020 (KLCP 2020) have increased, reported The Malay Mail today.
Yong Tai CEO: I was a bit over-optimistic
KUALA LUMPUR (Aug 10): A lack of understanding of the tourism industry has “devastated” Yong Tai, CEO and executive director Datuk Wira Boo Kuang Loon told The Edge Malaysia.
Yayasan Wilayah Persekutuan plans to exit from property-related ventures: Report
KUALA LUMPUR (Aug 10): Yayasan Wilayah Persekutuan (YWP) will move away from property-related ventures “once the jobs in hand are completed”.
Thai hospitality group aims to have 10 hotels in Malaysia by 2024
PETALING JAYA: Thailand-based hospitality management group ONYX Hospitality Group (ONYX) targets to manage at least 10 hotels across its hotel brands in Malaysia by 2024.
High Court allows joint corruption trial for Ku Nan and Tan Eng Boon
KUALA LUMPUR (Aug 9): The High Court had today allowed the prosecution's application for the joint hearing of former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor (pictured) and Paragon Globe Bhd ex-chairman Datuk Tan Eng Boon's corruption trials, as the Criminal Procedural Code terms have been met.
Riza Aziz RM1.18b money laundering trial tentatively set for January 2020
KUALA LUMPUR (Aug 9): The trial for Riza Shahriz Abdul Aziz (pictured), stepson of Datuk Seri Najib Razak, entailing five charges of money laundering amounting to US$248.
Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU
KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.
