News about IT

KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.

THE London property market has been under scrutiny since before the UK’s vote to leave the European Union (Brexit).

SINGAPORE (Jan 10): Property firm Sim Lian Group will be opening its first mixed-use development, Hillion Mall, on Feb 24 as “Singapore’s first integrated development and transport hub in the West”.

SINGAPORE (Jan 10): CapitaLand Mall Asia, the shopping mall business of CapitaLand, has won the rights to manage the shopping mall in La Botanica, a township located in Xi’an’s Chan-Ba Ecological District.

PETALING JAYA (Jan 9): The first phase of Titijaya Land Bhd’s 3rdNvenue project located at the Embassy Row in Jalan Ampang, Kuala Lumpur was fully booked overnight.

SINGAPORE (Jan 9): Keppel DC REIT was one of the best performers among the Singapore real estate investment trusts (S-REITs) in 2016, with its share price rising 18.

SINGAPORE (Jan 9): CapitaLand Commercial Trust could be set for growth as it prepares to redevelop Golden Shoe Car Park (GSCP) into a higher value commercial building, and RHB Research has named it its top pick for the office property sector.

PETALING JAYA (Jan 9): Boutique developer Trinity Group Sdn Bhd’s RM370 million gross development value (GDV) Trinity Aquata condominium project, which is located in KL South, is slated to be completed by mid-2019, according to the company founder and managing director Datuk Neoh Soo Keat.

KUALA LUMPUR (Jan 9): Master Builders Association Malaysia (MBAM) expects a RM2 billion per annum impact to the construction industry, in particular contractors, due to the change in foreign worker levy policy by the government.

GEORGE TOWN (Jan 9): Penang-based property developer M Summit Group is set to launch next month two new mixed-development projects, with a combined gross development value (GDV) of RM85 million.