KLK’s 1Q net profit shrinks as plantation, property earnings weaken
KUALA LUMPUR (Feb 13): Kuala Lumpur Kepong Bhd (KLK)’s net profit fell 11% to RM320.
Eight malls to visit during Chinese New Year
Staying in Kuala Lumpur or Petaling Jaya during the Chinese New Year? They say it’s the best time to be in the city — the only traffic you will encounter is of the human kind, in the many malls in the Klang Valley.
Mitsui Outlet Park KLIA to generate RM610m in revenue by 2021
SEPANG (Feb 8): The Mitsui Outlet Park (MOP) KLIA in Sepang is expected to garner sales revenue of 17 billion yen (RM610 million) when the premium outlet mall is completely developed by 2021, MFMA Development Sdn Bhd Director Tatsuro Irino told Bernama today.
JLL: KL CBD office gross rents to stabilise in 2018
PETALING JAYA (Feb 7): JLL Property Services (Malaysia) Sdn Bhd expects gross rents of Kuala Lumpur’s CBD offices to stabilise by the end of this year as more major new buildings come onstream, despite higher projected vacancies.
PM’s Dept wants Felda to take action over KLVC project
KUALA LUMPUR (Feb 8): Felda (Federal Land Development Authority) has been instructed by the Prime Minister’s Department to take disciplinary and legal action against those who have been negligent about the agency’s interests.
Benalec declines Spring Gallery's RM186.63m offer for 12 plots of Melaka land
KUALA LUMPUR (7 Feb): Benalec Holdings Bhd has declined to sell 12 plots of land owned by its wholly-owned units in Pekan Klebang, Melaka Tengah, Melaka, to engineering solutions provider Spring Gallery Bhd for about RM186.
