Dynaciate to acquire 8-acre industrial land in Serendah for RM10m
KUALA LUMPUR (Oct 7): Dynaciate Group Bhd is acquiring an 8-acre piece of industrial land in Serendah, Selangor, from Brem Holdings Bhd for RM10.
Pressure on office and retail rents to remain as vacancy rates rise — BNM
KUALA LUMPUR (Sept 30): Despite various extensions of rental relief, up to half of mall operators reported significant difficulties collecting rents from their tenants in the first half of 2021 (1H21), according to Bank Negara Malaysia (BNM).
Hatten Land unit inks deal to operate at least 1,000 cryptocurrency mining rigs in Malaysia
KUALA LUMPUR (Sept 29): Singapore Exchange (SGX)’s Catalist-listed Hatten Land Ltd has signed an agreement with Frontier Digital Asset Management Pte Ltd to jointly operate at least 1,000 cryptocurrency mining (cryptomining) rigs within Hatten Group's properties in Malaysia.
Renovation: Get it right from the start
Mass housing development is the mass production of a few standard home designs that often fail to satisfy any actual house buyer’s need, thus inadvertently leading to the emergence of a spin-off industry known as “renovation”.
Scomi partners ODESI to explore development of urban solar programme
KUALA LUMPUR (Sept 23): Scomi Group Bhd said its wholly-owned Scomi Capital Sdn Bhd (SCSB) has entered into a memorandum of understanding (MOU) with ODESI eCOB Sdn Bhd to explore opportunities to develop an urban solar programme to sell and purchase electricity generated from solar photovoltaic systems.
MoH warns of worrying increase in Covid-19 cases among children
KUALA LUMPUR (Sept 21): The Ministry of Health (MoH) in a statement today warned of a worrying trend of rising Covid-19 infections among children, with 67 deaths reported among those aged below 18 years this year, compared with just six deaths last year.
UK: Panels ‘commonly used on buildings’ failed fire tests carried out in 2004
KUALA LUMPUR (Sept 17): Panels “commonly used on buildings in the UK” failed fire tests carried out back in 2004, the BBC reported yesterday.
Hotel Royal Penang to cease operations soon
KUALA LUMPUR (Sept 16): Hotel Royal Penang (pictured) will permanently cease operations “soon”, the New Straits Times (NST) reported yesterday.
Malaysia confirms 463 daily Covid-19 fatalities on Sept 14, three of which are ‘actual deaths’
KUALA LUMPUR (Sept 15): Malaysia reported another 463 daily fatalities due to Covid-19 yesterday (Sept 14) including 108 brought-in-dead cases, according to the Ministry of Health’s Covid Now website.
Amcorp Properties sinks deeper into the red in 1Q despite higher revenue
KUALA LUMPUR (Sept 14): Amcorp Properties Bhd sank into a deeper net loss of RM7.
