Sultan Azlan Shah airport to undergo upgrade
IPOH (September 28): Sultan Azlan Shah Airport will be upgraded to enhance passenger experience and improve aircraft traffic control.
Malaysia Smelting, Straits Trading ink MoU to unlock prime land in Butterworth
KUALA LUMPUR (September 28): Tin miner and metal producer Malaysia Smelting Corp Bhd (MSC) has teamed up with its parent, The Straits Trading Company Ltd, to jointly explore options to unlock the value of land owned by both parties in Butterworth, Penang.
KIP REIT exploring third-party asset options
KUALA LUMPUR (Sept 27): KIP Real Estate Investment Trust (REIT) said it has options on the table to acquire more third-party ready assets, upon the successful addition of its first external asset, AEON Mall Kinta City in Ipoh, Perak to its portfolio.
New structure for Kampung Baru Development Corp to be revealed soon
KUALA LUMPUR (Sept 27): The Federal Territories Ministry will reveal the new management structure of] Perbadanan Pembangunan Kampong Baru or Kampung Baru Development Corp by end-October pending the Prime Minister’s approval.
Fix the economy to address office and retail spaces oversupply, urges MIPFM
KUALA LUMPUR (Sept 27): The Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam said instead of putting a halt on new retail and office developments, the government should bring the country’s economy back on the right track to address the space glut.
Trinity confident of 50% take-up in three months for Mont’Kiara project
PETALING JAYA (September 27): Trinity Group Sdn Bhd is confident that it will achieve 50% take-up for its latest condominium project Trinity Pentamont located in Mont’Kiara, within three months of its official launch.
Know the similarities and differences between facility and property management, says MIPFM
KUALA LUMPUR (Sept 27): There is a need to bring facility management and property management together to give the market a better understanding of the functions and roles of both fields as well as to raise their standards, said the Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam.
DONE DEAL: Kiara Designer Suites serviced apartment, Mont’Kiara, Kuala Lumpur
Sold for: RM625,000 (RM574.
Eversendai up 1.91% after announcing four new projects worth RM404m
KUALA LUMPUR (Sep 27): Eversendai Corp Bhd saw its share price up by 1.
I-Bhd expects profit growth this year on RM305m unbilled sales
I-Bhd (Sept 26, 51 sen) Maintain neutral with a lower target price (TP) of 53 sen: We recently organised a presentation made by I-Bhd’s representative (represented by non-executive independent director Ooi Hun Yong) to RHB remisiers and dealers.
