No immediate plans to demolish, rebuild HQ: MCA

KUALA LUMPUR (Aug 21): The MCA clarified yesterday that it has no immediate plans to demolish and rebuild its headquarters (HQ) at Wisma MCA, Jalan Ampang here, though it admitted it had sought a development order (DO) to secure a higher commercial plot ratio for the site for future development.

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Genting Malaysia unit inks merger agreement to delist Empire Resorts

KUALA LUMPUR (Aug 20): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned subsidiary Genting (USA) Ltd (GenUSA) has acquired a 49% stake in joint venture company (JVCo) Hercules Topco LLC, which will hold all outstanding shares in Empire Resorts Inc under Empire's planned delisting from the US stock market.

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DONE DEAL: Shopoffice, Megan Phoenix, Cheras, KL

  Sold for: RM440,000 (RM308 psf) Concluded by: Terence Tih (017-668 2669, REN 01644) from Tech Real Estate Sdn Bhd When: February 2019 Noteworthy: ● Unit size: 1,430 sq ft ● Freehold mid floor office ● Fully furnished ● Two bathrooms ● A few minutes’ walk from MRT station and shopping mall Read also DONE DEAL: Condominium unit, Pavilion Hilltop Mont’Kiara, Kuala Lumpur DONE DEAL: Shopoffice at Arena Curve in Bayan Baru, Penang The 24-year-old Megan Phoenix in Cheras, Kuala Lumpur is a 3-block commercial strata development with 450 parking bays.

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