News about Ong

The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.

“The government’s intent to review the requirements as well as facilitate and expedite the processing of MM2H applications via a one-stop centre is definitely a step in the right direction,” said Datuk NK Tong, president of Rehda.

The REIT said the southern region remained as the highest revenue contributor, with the three malls located in the region reporting a gross revenue of RM10.

Siab is the main contractor of the two projects owned by Yong Tai.

A change in parking policy should be integrated into future residential planning to alleviate our traffic woes.

In March 2021, Yong Tai's wholly-owned subsidiary YTB Land Sdn Bhd (YTBL) was appointed as the exclusive mining operator to undertake the exploration and exploitation works on the project after it signed an agreement with the registered holder of the mining lease of the land, Tengku Fahad Mua'adzam Shah ibni Almarhum Sultan Haji Ahmad Shah, and Amazing Logic Sdn Bhd.

The company said with the appointment, Ong has been mandated to spearhead KIP REIT’s business strategies, operational plans and corporate exercises to strengthen KIP REIT’s position as a highly respected and professionally managed REIT.

Through the collaboration, Mah Sing will support CECC by extending its expertise in manufacturing and property development.

PPB Properties CEO Low Eng Hooi: With the development of Lumina Bedong, we are set to reinvigorate and transform the landscape of Bedong.

The equity participation by Low Gay Teck, who has held the position of managing director for the last 15 years, will ensure his continued services to the group in the foreseeable future, L&G said in a bourse filing.