News about MP

KUALA LUMPUR (Feb 11): Eight Malaysian families left homeless after the fire that broke out at the squatter settlement in Jalan Kubor, Kampung Pantai Dalam, Kuala Lumpur, on Tuesday have been offered People’s Housing Programme homes in Kampung Muhibah, Puchong.

Amcorp Properties Bhd (Feb 5, 84 sen) Maintain buy with a target price (TP) of RM1.

SHORTLY after the federal government unveiled the revised Budget 2016 last Thursday, Penang Chief Minister Lim Guan Eng called a press conference at his Komtar office and criticised Putrajaya for not abolishing the 6% Goods and Services Tax, which he claims is an added burden for the man in the street.

KUALA LUMPUR (Feb 10): Residents of Bangsar Park, Kuala Lumpur are questioning Kuala Lumpur City Hall’s decision to allow the commercialisation of their neighbourhood.

KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.

KUALA LUMPUR (Feb 5): Hong Kong-listed Sino Haijing Holdings Ltd is investing RM280 million in Yong Tai Bhd under a corporate exercise and emerged as its new substantial shareholder with more than 33% of the voting rights.

KUALA LUMPUR (Feb 5): Tan Sri Lim Kang Hoo-controlled Iskandar Waterfront Holdings Bhd (IWH) is again ruminating to take its shares public after shelving the plan indefinitely, according to The Wall Street Journal (WSJ), citing sources familiar with the matter.

KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.

SABAH, in particular its capital Kota Kinabalu, was not spared the effects of the cooling measures introduced to curb escalating property prices, resulting in a slower property market last year, with fewer transactions and launches.

PETALING JAYA (Feb 2): Despite their hectic works schedules, it is important to make time to invest in property, local singer and Astro artist Nicole Lai told TheEdgeProperty.