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Gamuda seen as proxy for nation’s massive infrastructure spending plan

By Affin Hwang Capital Research Mar 16

Gamuda Bhd (March 15, RM5)

The Star-JAKS PJ project dispute lies in 2010 JDA

By Feb 24

PETALING JAYA (Feb 24): The disputed RM1.1 billion mixed-use development in Section 13 here by Star Media Group – which publishes The Star English daily – and pipe-maker JAKS Resources Bhd’s 51%-owned subsidiary JAKS Island Circle Sdn Bhd stems from a contentious joint development agreement (JDA) struck in 2010, reported The Edge weekly.

Westfield reiterates support for French takeover as profit jumps

By AFP Feb 22

SYDNEY (Feb 22): Australian shopping mall giant Westfield reaffirmed its support Thursday for a takeover by French firm Unibail-Rodamco as it announced a jump in full-year net profit.

First sub-MC in Malaysia to be formed

By Natalie Khoo Feb 19

PETALING JAYA (Feb 17): The first subsidiary management corporation or sub-MC in Malaysia is set to be formed at the 1 Mont’ Kiara mixed-use stratified development. The proposal to form the sub-MC by the 1 Mont’ Kiara Dan Kiara 2 Management Corporation has received the required agreement from two thirds of the aggregate share units in the development, thus paving the way for the formation of the sub-MCs. The poll result was made official at an EGM held on Feb 5 at the 1 Mont’ Kiara mixed-use stratified development.

‘Tech companies and FMCGs renting more office space’

By Natalie Khoo Feb 06

PETALING JAYA (Feb 6): More tech and fast moving consumer goods (FMCG) companies are leasing more spaces in both the central business district and decentralised locations in Greater KL, said JLL managing director and country head and Malaysian Institute of Estate Agents (MIEA) member YY Lau.

Liow dismisses sabotage claims

By Tan Xue Ying Feb 05

KUALA LUMPUR (Feb 5): Transport Minister Datuk Seri Liow Tiong Lai has dismissed claims by Penang Chief Minister Lim Guan Eng that Barisan Nasional (BN) leaders in Penang were trying to sabotage the state's proposed RM6.3 billion project to build three expressways and an undersea tunnel linking Penang island to the mainland.

MCT shareholders told to reject unfair, unreasonable takeover offer

By Syahirah Syed Jaafar Feb 05

KUALA LUMPUR (Feb 5): MCT Bhd shareholders have been told to reject the takeover bid launched by Philippines-based property developer Ayala Land Inc's unit Regent Wise Investments Ltd, which has been deemed "not fair and not reasonable" by independent adviser Kenanga Investment Bank Bhd (Kenanga IB).

Clarity needed on property manager regulations, says lawyer

By Lum Ka Kay Jan 15

PETALING JAYA (Jan 12): There needs to be clarification on certain issues arising from the new property managers regulations under the recently-amended Valuers, Appraisers, Estate Agents and Property Managers Act 1981, said lawyer Chris Tan.