TNB tenders phase 2 of new HQ

PETALING JAYA (March 3): Tenaga Nasional Bhd (TNB) has tendered the construction of the second phase of its new headquarters which is near its current headquarters in Bangsar.

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DONE DEAL: Industrial factory, Seksyen 34, Shah Alam

Rented for: RM28,000 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-338 0356) When: November 2017 Noteworthy: ● Land size: one acre ● Empty unit ● Built up: 16,500 sq ft According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked the area given its proximity to the factory he has previously leased.

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Chan Heng Wah assumes CEO post at KIP REIT

KUALA LUMPUR (March 1): KIP Real Estate Investment Trust (KIP REIT) chief financial officer (CFO) Chan Heng Wah has been promoted to chief executive officer (CEO) of the company effective immediately.

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