UEM Sunrise to launch RM1.6b worth of properties in FY19
KUALA LUMPUR (March 21): UEM Sunrise Bhd plans to launch RM1.
PM: Our goal is to be a developed nation in every sense of the word
KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.
Analysts say TM's sale of non-core assets is necessary
KUALA LUMPUR (March 18): Telekom Malaysia Bhd (TM)'s sale of non-core assets is necessary for the group's further growth in light of its strategy and financial performance over the last year, say analysts.
TM to sell more buildings, says report
KUALA LUMPUR (March 18): Telekom Malaysia Bhd (TM) wants to sell more buildings and landbank “to unlock the value of its assets”, reported The Star today “We are looking at various options to unlock the value of the buildings and land as we optimise our network.
Manulife Asset Management projects flattish yields in Malaysian REITs market
KUALA LUMPUR (March 16): Manulife Asset Management Services Bhd (MAMSB) expects the Malaysian real estate investment trust (REIT) market to remain flattish this year, with yields of around 4%-5% due to an oversupply of the instrument in the market.
Najib wants change of judge or a discharge in SRC case
PUTRAJAYA (March 15): Ex-premier Datuk Seri Najib Razak's lawyer Tan Sri Muhammad Shafee Abdullah told the Court of Appeal today that his client wanted another judge to hear his criminal breach of trust and abuse of power case in relation to SRC International Sdn Bhd or that he be given a discharge not amounting to an acquittal.
HOC rakes in over 1,600 bookings for PR1MA homes in 8 days
PETALING JAYA (March 15): Perbadanan PR1MA Malaysia (PR1MA) received bookings for more than 1,600 units nationwide, worth over RM400 million, the units were booked between March 1 and March 8 following the Home Ownership Campaign (HOC) 2019 Expo at the Kuala Lumpur Convention Centre (KLCC) which ran from March 1 to March 3.
Up to Cabinet to declassify Mindef 'land swap' reports — Mat Sabu
KUALA LUMPUR (Mar 15): Defence Minister Mohamad Sabu said it is up to the Cabinet to decide whether or not to make public the findings of an investigation into controversial land deals involving the Ministry.
Dangerous LRT walkway still unrectified after one year
PETALING JAYA (March 14): A damaged roof, broken tiles on the pavement and poor lighting – these have endangered commuters along an LRT (light rail transit) walkway for almost a year.
Rehda survey: Optimistic about 2H2019 despite current low take-up rates
PETALING JAYA: More developers are optimistic about the industry‘s performance and growth in the second half of this year (2H2019) although take-up rates for new launches are expected to remain at 50% and below.
