News about MP

KUALA LUMPUR (Oct 29): The Kuala Lumpur City Hall (DBKL) will sell the land on which the Plaza Rakyat project was located to Profit Consortium Sdn Bhd for a consideration of RM740 million, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.

KUALA LUMPUR (Oct 29): Construction and property development outfit Malaysian Resources Corp Bhd (MRCB) scored a hat-trick yesterday with two major job wins, and the announcement of a joint-venture (JV) partnership to undertake the development of the Cyberjaya City Centre (CCC), which has a reported gross development value of close to RM10 billion.

KUALA LUMPUR (Oct 27): Mass Rapid Transit Corporation (MRT Corp) has given Ampang Park Shopping Centre owners until Jan 31 to take up its offer of a mutual agreement.

KUALA LUMPUR (Oct 26): Yong Tai Bhd aims to develop projects with a provisional gross development value (GDV) of RM5.

ONCE synonymous with tin mining, Ampang is now distinctly divided into two by the Middle Ring Road II (MRR2), with the east side bearing a Selangor address and the west side a Kuala Lumpur one.

This is the final part in a series of four snapshots on Ampang.

(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.

KUALA LUMPUR (Oct 21): Ampang Park Shopping Centre owners remain in limbo after their much anticipated meeting with the mall’s management yesterday over the compulsory acquisition of the building.

WCT Holdings Bhd (Oct 20, RM1.

LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.