News about MP

MAMMOTH Empire Holdings Sdn Bhd, the property developer and asset manager behind Empire Shopping Gallery in Subang, Selangor, plans to raise funds through a maiden issue of bonds.

KUALA LUMPUR (Aug 3): O&C Resources Bhd’s unit has clinched a RM101.

TRX City Sdn Bhd (formerly known as 1MDB Real Estate Sdn Bhd) saw a net profit of RM380.

KUALA LUMPUR (Aug 1): The property development sector is a good training ground for fresh graduates if they have the passion for it, said chairman and non-independent and non-executive director of Eco World Development Group Bhd (EcoWorld) Tan Sri Liew Kee Sin.

REAL estate investors usually have two main considerations — rental yields and capital appreciation.

KUALA LUMPUR (July 29): Practice Note 17 (PN17) company Malaysian Pacific Corp Bhd (MPCorp) has inked a memorandum of understanding (MoU) with a Singapore company Terra Pontus Pte Ltd for the proposed disposal of a part of Wisma MPL for RM250 million.

S P Setia Bhd (July 28, RM3.

THERE are still many details of the KL-Singapore high-speed rail project that need ironing out before the bilateral agreement is signed at the end of the year.

PETALING JAYA (July 26): Following the recent signing of the Memorandum of Understanding (MoU) on the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) by both the Malaysian and Singaporean governments, MyHSR Corp Sdn Bhd (MyHSR) has selected CH2M as its technical advisor for the landmark cross-border project.

LONG-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.