News about KLCC

What has the oil and gas (O&G) industry got to do with the property industry? Because that is what the newly-minted CEO of KLCCP Stapled Group Md.

KUALA LUMPUR (May 4): KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.

KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.

PETALING JAYA (April 1): Sunway Belfield, Sunway Property’s latest freehold residential development in Kuala Lumpur, has achieved an 80% take-up rate despite its soft launch during the movement control order (MCO) early this year.

KUALA LUMPUR (March 19): KLCC Real Estate Investment Trust (KLCC REIT), which is part of KLCCP Stapled Group with KLCC Property Holdings Bhd, foresees a challenging outlook for the retail and hospitality segments going into 2021, given the ripple effect from the Covid-19 pandemic.

Every year, the festive ambience and specially curated Chinese New Year (CNY) decorations are one of the crowd pullers to shopping malls.

KUALA LUMPUR (Jan 27): KLCC Stapled Group posted its first ever quarterly net loss on record after impairment and fair value changes on investment properties weighed on its financials.

KUALA LUMPUR (Nov 20): KLCCP Stapled Group chief executive officer (CEO) Datuk Hashim Wahir said today the lease extension for Petronas Twin Towers and Menara 3 Petronas here by lessee Petroliam Nasional Bhd (Petronas) will further reinforce the KLCCP Stapled Group's stability, thus strengthening the latter's position in the market and boost its efforts in delivering value to its stakeholders in the long term.

KUALA LUMPUR (Nov 10): KLCCP Stapled Group posted a net profit of RM156.

KUALA LUMPUR (Oct 2): The surveyor appointed by FGV Holdings Bhd has today defended his valuation of the two luxury condominiums, saying that the valuation report was produced in compliance to the standard issued by the Malaysian Board of Valuers, Appraisers, Estate Agents and Property Managers.