Mammoth Empire sells multiple assets

  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.

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Country Heights signs MoU with China firm to set up auto city

KUALA LUMPUR (Oct 23): Country Heights Holdings Bhd announced today it is partnering with motor sport and lifestyle company Goldenport Motor Culture Development (Beijing) Co Ltd to set up an auto city and motor-sport track facilities for future automobile racing events in Malaysia.

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MoT alleviates concerns over LRT3 rationalisation

KUALA LUMPUR (July 16): The Ministry of Transport (MoT) today sought to alleviate concerns over the "rigorous cost rationalisation" of the Light Rail Transit Line 3 (LRT3) project, saying the move would lead to higher operational viability and lower ticket fares.

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Time to buy?

The property market is still soft with most developers experiencing slow sales.

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Third Colony office set to open at KL Sentral

KUALA LUMPUR (June 28): Luxury serviced office and co-working space provider Colony is set to open its third location at KL Sentral by the end of this year, Colony Space Asia co-founder and executive director Timothy Tiah told EdgeProp.

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