News about PA

KUALA LUMPUR (Nov 21): Nextgreen Global Bhd (formerly BHS Industries Bhd), which has been making losses for three straight years, expects to return to profit in the financial year ending June 30, 2019 (FY19) on the back of improved market conditions, as well as the commercialisation of its industrial park.

KUALA LUMPUR (Nov 20): Two of Damansara Realty Bhd's (DBhd) directors have stepped down from the company's board effective immediately.

KUALA LUMPUR (Nov 19): Owing to safety and legal reasons, Ampang Jaya residents have been “advised against planting crops or having a garden on hill slopes” as such actions will affect soil stability, The Star reported today.

PENANG (Nov 19): The Pearl of the Orient is world famous for superb hawker food but it looks like many eateries here are getting the F grade for cleanliness.

KUALA LUMPUR (Nov 19): Paramount Corp Bhd has partnered with University of Wollongong (UOW), an Australian public university, to enhance its tertiary education business.

KUALA LUMPUR (Nov 19): The Park Lane Hotel located in New York City can be sold to the Abu Dhabi state-owned Mubadala Investment Co after controversial deal maker/financier Low Taek Jho aka Jho Low (pictured) agreed to drop his claims to the hotel in a US forfeiture lawsuit, reported Bloomberg yesterday.

PETALING JAYA (Nov 18): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong emphasised that FundMyHome is an alternative scheme that enables homeownership among first time homebuyers in Malaysia and not about giving the group a "free lunch" on the government's dime.

  KUALA LUMPUR (Nov 17): In a statement, the Joland Group of Companies has clarified that that real estate developer Datuk Tan Eng Boon's bribery charge has nothing to do with the sale of Kuala Lumpur City Hall (DBKL) land.

PETALING JAYA: Property developer Paramount Property is set to launch the commercial component of its Atwater development, which comprises two office towers and a retail component by the end of this month.

  KUALA LUMPUR (Nov 16): Twelve houses and a main road which were damaged by construction work for the installation of water pipes as part of works for the Langat 2 water treatment plant and distribution facility (LRAL2), will be repaired next month.