These deals and properties on the market hit the headlines in 2019.
KUALA LUMPUR (Oct 14): Mammoth Empire Holding Sdn Bhd (MEH) has sold a 61-acre tract in Damansara Perdana, Selangor, to Exsim Development Sdn Bhd for RM760 million, reported The Edge Malaysia based on government documents.
Launched in 2011 by Mammoth Empire Holding Sdn Bhd (MEH), the RM5 billion Empire City Damansara (ECD1) may finally be completed in a joint venture (JV) with Exsim Group.
PETALING JAYA (Jan 17): In response to recent reports of the hazardous conditions in Tower H in the development of Empire City Damansara by Mammoth Empire Holdings Sdn Bhd (MEH), MEH group executive director Datuk Danny Cheah said the allegations were baseless.
KUALA LUMPUR (Jan 16): HCK Capital Group Bhd, controlled by businessman Tan Sri Clement Hii, is taking over the development of the Empire Remix 2 project in USJ 1, Subang Jaya from Mammoth Empire Holding Sdn Bhd’s (MEH) unit, True Renaissance Development Sdn Bhd (TRDSB), and will brand it as an integrated education city development.
KUALA LUMPUR (Jan 5): Empire City in Damansara is currenty closed for remedial works, and employees of a firm located within the building are reluctant to return, citing hazardous conditions of the building.
KUALA LUMPUR (Dec 22): The “plight” of multinational advertising and public relations firm WPP’s employees working in new offices at their Petaling Jaya campus in Block H within Empire City Damansara has given negative publicity to real estate investment company Pelaburan Hartanah Bhd (PHB)’s office building investment.
Mammoth Empire Holding Sdn Bhd (MEH), developer of Empire City Damansara, an RM5 billion project launched 2011, is making moves that will raise rM800 million, enable the paring down of debts, complete long-delayed projects and take the group to sound financial-footing by the middle of 2019.