HLIB: Property buyers in wait-and-see mode pending new govt policies post-GE14

KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).

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Concorde Kuala Lumpur redevelopment plans on hold

KUALA LUMPUR (July 9): An earlier proposal to demolish and redevelop the long-established Concorde Hotel Kuala Lumpur (Concorde KL) — linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — has been put on hold.

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Show time for Yong Tai

KUALA LUMPUR (July 7): The curtain has gone up for Yong Tai’s live performance, Encore Melaka (pictured), and the Melaka-based tourism-themed developer has high hopes for it.

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Yong Tai Bhd at VPEX 2018

Yong Tai Bhd  Frankie Tan  Yong Tai Bhd general manager of sales “In my opinion, with the change in government in the country, it will take a while for the new government to settle down and formulate new policies.

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Kepong waste-to-energy plant pending further studies

PETALING JAYA (July 3): The waste-to-energy project in Kepong mooted by the Barisan Nasional administration needs further studying before it can be implemented, said Housing and Local Government (KPKT) Minister Zuraida Kamaruddin, reported The Star.

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KLK appoints Leong Sean Meng as acting group CFO

KUALA LUMPUR (July 2): Kuala Lumpur Kepong Bhd (KLK) has appointed Leong Sean Meng as the acting group Chief Financial Officer (CFO) with immediate effect upon the resignation of the Group CFO Soon Wing Chong, reported Bernama today.

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