KUALA LUMPUR (May 17): Although previously close to securing between RM2 billion and RM3 billion worth of financing for its Lifestyle Quarter in the Tun Razak Exchange (TRX) development, TRX City Sdn Bhd and its joint-venture (JV) partner Lendlease Corp Ltd appear to be having difficulties locking down funding.
PETALING JAYA (March 5): Felcra Properties Sdn Bhd, a subsidiary of Felcra Bhd, saw its latest luxury residence project Semarak Residence achieve a take-up rate of 45% since its launch in December 2017.
KUALA LUMPUR (Feb 6): Opposition lawmaker Tony Pua today questioned why Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim did not apply to buy the 55.
SIEM REAP (Feb 5): Bank Negara Malaysia’s (BNM) recent acquisition of 22.
KUALA LUMPUR (Jan 9): An opposition lawmaker has questioned the need for the government to use taxpayers’ funds to get involved in another mega-property project.
KUALA LUMPUR (Jan 5): Bank Negara Malaysia (BNM) has acquired a 22.
PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.
KUALA LUMPUR (Nov 8): DAP lawmaker Tony Pua has branded Prime Minister Datuk Seri Najib Razak’s claim that the information on the cost and size of the land in the Tun Razak Exchange (TRX) acquired by Aroma Teraju Sdn Bhd from 1Malaysia Development Bhd (1MDB) in 2015 is confidential as a “cover up” of the Finance Ministry’s (MoF) excessive payments.
KUALA LUMPUR (Oct 6): The Manhattan penthouse at the centre of the 1Malaysia Development Bhd (1MDB)-related United States Department of Justice (DoJ) investigations is up for sale at US$45 million, according to the Wall Street Journal (WSJ).
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