News about IT

Twenty-two 1940s shophouses along Jalan Doraisamy in Kuala Lumpur that had been converted into the Asian Heritage Row of nightspots in the early 2000s, are again being readapted.

PETALING JAYA (JUNE 25): Encorp Bhd and Federal Land Development Authority (Felda) will develop an integrated township in Bukit Katil, Melaka, which has an estimated gross development value (GDV) of RM4.

Pavilion Real Estate Investment Trust (REIT) (June 24, RM1.

KUALA LUMPUR (June 23): The Public Accounts Committee (PAC) has asked Majlis Amanah Rakyat (Mara) to explain its overpriced purchase of an apartment block in Melbourne, Australia, its chairman Datuk Nur Jazlan Mohamed said.

KUALA LUMPUR (June 23): Johor-based property developer KSL Holdings Bhd plans to start the construction of KSL City Mall 2, expected to be one of the largest shopping malls in Klang, by the end of 2015.

KUALA LUMPUR (June 23): A “top” Mara officer, senior official and former politician have allegedly spent millions of government funds to buy an apartment block in Melbourne in a property scam, The Age newspaper said today.

KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.

KUALA LUMPUR: Aspen Group Holdings Sdn Bhd, through its subsidiary Aspen Vision City Sdn Bhd, has signed a loan deal totalling RM196 million with OCBC Bank (M) Bhd to finance the development of Phase 1 of the multibillion-ringgit Aspen Vision City project in Batu Kawan, Penang.

KUALA LUMPUR (June 19): Malaysia Pacific Corp Bhd (MPCB) has appointed UHY to conduct a special audit on the property developer following queries from shareholders and regulators on the company.

PENANG (June 19): Penang-based property developer Tambun Indah Land Bhd (TILB) is acquiring 19.