News about Malaysia

KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has proposed to sell a piece of freehold land in Shah Alam to Nippon Express (M) Sdn Bhd for RM105 million.

KUALA LUMPUR (Dec 15): Property developer Tiger Synergy Bhd has won a RM1 billion contract to build affordable homes in Seremban.

KUALA LUMPUR (Dec 15): Tiger Synergy Bhd shares rose as much as one sen or 22% to 5.

PETALING JAYA (Dec 14): Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor has slammed Cheras MP Tan Kok Wai over his claims that DBKL had sold land without open tender, as well as over affordable housing development matters in Kuala Lumpur.

KUALA LUMPUR (Dec 14): China’s Wanda Group has denied allegations by a blogger that the company is facing a cash crunch, with assets having shrunk by more than half, Bloomberg reported today.

PETALING JAYA (Dec 14): The Malaysian property market has been rather lacklustre these days as it remains soft.

KUALA LUMPUR (Dec 14): Eco World International Bhd said its board has approved the merging of the property developer's nomination and remuneration committees to enhance work efficiency.

Gamuda Bhd (Dec 11, RM4.

KUALA LUMPUR (Dec 11): Zecon Bhd has suffered several setbacks recently, but its chief executive officer Syed Mohd Muzakir Syed Hussin Al-Jofre believes that’s all behind now.

KUALA LUMPUR (Dec 8): ML Global Bhd and a project owner have mutually terminated a RM76.