Trading in IGB Corp shares suspended pending material announcement
KUALA LUMPUR (Aug 15): Bursa Malaysia has approved IGB Corp Bhd’s request for a suspension in the trading of its shares today, pending a material announcement.
‘Renaissance KL deal likely to be sealed this week’
KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.
Tambun Indah 2Q net profit up 67% on more billings, take-up rates
KUALA LUMPUR (Aug 12): Tambun Indah Land Bhd’s net profit rose 67% to RM28.
Penang opts for costlier elevated LRT system, less social impact
GEORGE TOWN (Aug 11): Penang state government has decided to build a RM4.
New age offices
WORKPLACE design has come a long way from being cookie-cutter and strictly utilitarian.
CoreNet introduces its Malaysia chapter
THE corporate real estate (CRE) industry in Kuala Lumpur is gaining importance, as a growing number of multinational organisations are setting up their headquarters and regional offices in the city.
Yong Tai on track to bring in HK's Sino Haijing as substantial shareholder
KUALA LUMPUR (Aug 10): Property developer Yong Tai Bhd is despatching a circular to its shareholders today on its proposed corporate exercise to bring in Hong Kong-listed Sino Haijing Holdings Ltd as a new substantial shareholder.
Knight Frank Malaysia: High-end condo market in KL remains lacklustre
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
Questions abound for DPMM’s property project
SCEPTICS are questioning the viability of a property development project for the Malay Chamber of Commerce of Malaysia (Dewan Perniagaan Melayu Malaysia, DPMM) on a piece of land it owns in Bukit Petaling, Kuala Lumpur.
