Kimlun buys Johor land for RM28.3 mil to build residential properties
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
Sunway proposes RM1.8 bil mixed development in Kelana Jaya
PETALING JAYA (May 12): Sunway Bhd is proposing a mixed development across 17 acres in Kelana Jaya, with an estimated gross development value (GDV) of RM1.
1MDB takes to local daily to promote Bandar Malaysia
PETALING JAYA (May 8): 1Malaysia Development Bhd (1MDB) today put up a full-page advertisement in a local English daily to promote its prized project, Bandar Malaysia, a day after confirmation that it had sold a parcel of land at its other development project, Tun Razak Exchange (TRX) to pilgrims’ fund, Tabung Haji.
CapitaMalls Malaysia Trust unveils RM60 mil refurbished East Coast Mall
KUANTAN (May 7): The newly rebranded and refurbished East Coast Mall was unveiled yesterday after a RM60 million asset enhancement initiative to expand its net lettable area to 485,396 sq ft.
Deadline delayed for high-speed rail link
PETALING JAYA: Singapore and Malaysia have decided to postpone the 2020 deadline for the completion of a high-speed rail (HSR) link between the city state and Kuala Lumpur, said their prime ministers on May 5, reported The Edge Financial Daily citing a Reuters report.
Mitsui Outlet Park to make Sepang debut in end-May
SEPANG (April 29): MFMA Development Sdn Bhd will open the doors to its Mitsui Outlet Park in Sepang, near the Kuala Lumpur International Airport (KLIA), to the public on May 30.
THE EDGE REIF 2015: Potential drop in interest rates may reverse dampened sentiment
PETALING JAYA (April 25): A potential drop in interest rates before end-2015 in Malaysia could reverse dampened sentiment in the near-term for the property market as interest rates fall worldwide, coupled with an ongoing currency war, said The Edge Media Group executive chairman Datuk Tong Kooi Ong (pictured).
S P Setia fixes new shares at RM3.10 under 3rd dividend reinvestment plan
KUALA LUMPUR (April 23): Property player S P Setia Bhd has fixed the price of its new shares to be issued in relation to its third dividend reinvestment plan (3rd DRP) at RM3.
No dividends for EcoWorld shareholders for the next two to three years
KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.
MRCB exits Nu Sentral for RM119.78 mil
NSSB manages and operates the Nu Sentral Mall in Kuala Lumpur (theedgeproperty.
