News about Klang

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.

PETALING JAYA (June 11): The Edge Media Group and Mah Sing Group Bhd launched The Edge – Mah Sing Millionaire Contest today.

S P Setia Bhd (June 10, RM3.

KUALA LUMPUR: Construction company Bina Puri Holdings Bhd  is targeting the above-ground infrastructure works of the light rail transit line 3 (LRT3) and mass rapid transit line 2 (MRT2).

PETALING JAYA (June 9): Malton Bhd and Kuala Lumpur Pavilion Sdn Bhd unveiled its RM1.

KUALA LUMPUR (June 3): The Klang Valley will welcome four million sq ft of retail space in 2015, according to the “Savills Malaysia Retail Report Newsflash” June 1.

KUALA LUMPUR (June 1): Prinsiptek Corp Bhd — which saw a 64% plunge in its latest quarterly net profit — is expecting better earnings from the second half of this year ending December (2HFY15) on progressive billing and revenue recognition from its construction and property projects, said managing director Datuk Foo Chu Jong.

SHAH ALAM (May 27): Titijaya Land Bhd obtained shareholders’ approval to acquire about 23 acres of leasehold land in Batu Maung, Penang to build a mixed-use development after its extraordinary general meeting (EGM) here today.

KUALA LUMPUR (May 25): MK Land Holdings Bhd saw its net profit remain flat at RM15.

KUALA LUMPUR (May 16): The retail market will see a continuous slowdown due to weakened market sentiment caused by the recently implemented Goods and Services Tax (GST), said Savills Malaysia managing director, Allan Soo.