Glomac dips into the red for 4Q on fair value losses, declares one sen dividend

Jul 15

KUALA LUMPUR (July 15): Impacted by a recognition of fair value losses on its investment properties, Glomac Bhd reported a net loss of RM8.

Malaysian retail industry recorded negative 11.4% growth rate in 1Q2020 – RGM

Jul 13

KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.

1 Utama injects another RM1m as incentives for shoppers and tenants

Jun 23

PETALING JAYA (June 23): 1 Utama Shopping Mall will be injecting an additional RM1 million to the existing RM1 million Retail Stimulus Package it introduced back in March 2020 before the Movement Control Order (MCO), the regional mall in Petaling Jaya, Selangor announced today.

Another 13.5m sq ft of mall space in Greater KL expected by 2022

Jun 22

PETALING JAYA (June 12): Greater Kuala Lumpur will receive another 13.

Savills Malaysia: Mall occupancy and rents in Greater KL remain stable in 1Q2020

Jun 12

PETALING JAYA (June 12): The average occupancy rate of malls in Greater Kuala Lumpur has remained stable, only falling marginally by 0.

BAPE, Omotesando Koffee and David Rocco’s Dolce Vita to open in Suria KLCC

Jun 10

KUALA LUMPUR (June 10): Suria KLCC's newly revamped Ramlee Mall is set to welcome several new stores which will be featured for the first time in Malaysia and even in the world.

Govt offers RM1.6b financing aid for contractors to kick-start small scale public projects

Jun 05

KUALA LUMPUR (June 5): The Government has allocated RM1.

Malaysia's first virtual mall to be launched in 3Q

Jun 02

PETALING JAYA (June 2): Ideal United Bintang International Bhd (IUBIB) aims to launch the 1st Avenue virtual mall in 3Q2020 following the completion of its acquisition of the mall located on Jalan Magazine in Penang.