News about Mall

KUALA LUMPUR (Sept 11): Businessman Datuk Eddie Ong Choo Meng (pictured) “could emerge as a substantial unitholder of retail KIP Real Estate Investment Trust as early as this week”, The Edge Malaysia reported in its latest issue.

KOTA KINABALU (Sept 10): The multi-million ringgit Skybridge here which was reported to lead to a dead end instead of a mall will have a link in six months.

KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.

KUALA LUMPUR (Aug 21): Federal Land Development Authority (FELDA) “is understood to be looking to dispose of a stake” in developer Encorp Bhd, The Edge Malaysia reported this week.

KUALA LUMPUR (Aug 2): Sunway Malls announced today that it is facilitating up to RM200 million in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).

JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.

KUALA LUMPUR (July 25): Retail groups are asking the government to allow shops to reopen for business, as long as 70% of public-facing workers are fully vaccinated.

KUALA LUMPUR (July 23): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) in the second quarter ended June 30, 2021 (2QFY21) rose 36.

PETALING JAYA (July 16): Retail mall and theme park associations urged the government to provide “vaccination dividend” to the people who have been vaccinated to enjoy more freedom to move and work.

KUALA LUMPUR (July 11): The Malaysia Shopping Malls Association (PPK) and other retailer groups have urged the Selangor menteri besar to step in to help get the Enhanced Movement Control Order (EMCO) imposed in the state replaced with targeted lockdowns.