Pavilion REIT 3Q NPI slips on higher expenses, pays 2.04 sen
KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.
Glomac's 121 Residences Tower A achieves above 90% take-up
PETALING JAYA (Oct 24): Glomac Bhd, quiet in the past two years, recently created excitement in the Petaling Jaya property market when its Tower A launch of 121 Residences just last month sold like hotcakes.
Noise barriers for DASH highway
PETALING JAYA (Oct 24): Noise barriers will be constructed “along certain sections” of the Damansara-Shah Alam Elevated Expressway (DASH) following complaints by residents nearby.
Putrajaya: RM1,000 psf is final and best offer for Kg Baru land
KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.
Khazanah closing down KLCC office to cut operation costs
PETALING JAYA (Oct 24): Khazanah Nasional Bhd is closing down its office at the Petronas Twin Towers in KLCC to lower overall operational costs, according to a report today in Free Malaysia Today.
Special committee to have public consultations on IPCMC
KUALA LUMPUR (Oct 24): Parliament’s special select committee on the consideration of bills will have four public consultation sessions on the Independent Police Complaints and Misconduct Commission (IPCMC).
MEF: Minimum wage hike does not address high living cost issue
PETALING JAYA (Oct 23): The Malaysian Employers Federation (MEF) said the government's move to increase the minimum wage in major cities took the organisation by surprise as there was no consultation with the relevant stakeholders.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
Lynas rules out compensation battle with Malaysian govt
KUALA LUMPUR (Oct 21): Australia's Lynas Corp is reportedly resisting making a compensation claim against Malaysian authorities over the matter of costly operating restrictions.
Lynas radioactive residue reached 637,581 tonnes as at Sept 24, 2019
KUALA LUMPUR (Oct 21): Lynas Malaysia Sdn Bhd has produced 637,581 tonnes of water leached purification (WLP) radioactive residue as at Sept 24, 2019, up from 451,564 tonnes in December last year.
