News about Mall

KUALA LUMPUR (June 23): AEON Co (M) Bhd has allocated RM251 million as capital expenditure (capex) for the year, with 40% of the budgeted amount to be allocated to further strengthen the group’s technology and IT infrastructure, according to the retail group’s managing director Shafie Shamsuddin.

SINGAPORE (June 23): Hatten Land has signed a memorandum of understanding (MOU) with The Medici-Watermark (TMW) to manage the former’s three shopping malls located in Melaka, Malaysia.

KUALA LUMPUR (June 14): Unitholders of CapitaLand Malaysia Mall Trust (CMMT) today voted in favour for the real estate investment trust's (REIT) proposal to expand its asset classes to include business parks, logistics facilities, warehouses, distribution centres, data centres and integrated developments.

SEPANG (June 10): KIPMall, the retail segment under KIP Group, is committed to being  part of the “go green” community by installing Solar Photovoltaic Systems (PV) for electricity to be generated at a lower tariff and allowing a reduction in carbon footprint.

KUALA LUMPUR (June 10): The shuttered malls of Johor Bahru have become such an eyesore and a potential den for drug addicts and vandals that there is a need for some to be “revived”.

PETALING JAYA (June 2): The Malaysian Shopping Malls Association (PPK) will subsidise RM50 for each retail tenants’ staff who participate in the Covid-19 vaccination programme at the shopping malls.

KUALA LUMPUR (May 27): Genting Malaysia Bhd's subsidiary Resorts World Catskills (pictured) in Sullivan County has receive unanimous approval by Newburgh's town board to place a licensed electronic gaming facility in Newburgh Mall, New York, according to a report.

PETALING JAYA (May 20): A full lockdown will not be sustainable as it will cripple the shopping industry for good as the entire industry has already been struggling valiantly for survival for the past 14 months, said The Malaysia Shopping Malls Association (PPKM).

PETALING JAYA (May 18): Shopping mall operators have stayed alert and implemented strict SOPs in curbing the spread of Covid-19, hence the malls should not be punished for any inadvertent outings by the visitors, said the shopping mall and retail associations.

KUALA LUMPUR (May 9): Conflicting statements by Science, Technology and Innovation Minister Khairy Jamaluddin and Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob on the Covid-19-driven Hotspots Identification for Dynamic Engagement (HIDE) system appear to have wreaked havoc among retailers across Malaysia after outlet operators claimed the industry was not consulted on the implementation of the HIDE system under which premises listed under HIDE as potential pandemic risk locations have been ordered to be closed for three days effective today.