News about REN

KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.

The terminations are due to the REIT's unsuccessful bids to the Energy Commission to participate in the CGPP, according to its filing to Bursa Malaysia on Friday.

A new Act will surely come with its own set of challenges, but is KPKT capable of monitoring it when it has not been able to resolve the current spate of problematic projects? The Ministry of Local Government Development (KPKT) has recently announced that the Urban Renewal Act will be tabled next year.

Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.

CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.

PLANMalaysia has conducted a series of engagements with stakeholders including federal government agencies, state and local authorities, online travel platforms, hoteliers and host associations.

Some 15 volunteers took about a month to complete a series of upgrading works for Shelter Home for Children, such as levelling and installing a concrete floor in the 1,200 sq ft car porch area; repairing ground floor window grilles and adding new mosquito nettings; installing new door frames in the indoor kitchen counter and sink area; installing a lockable grille door in the outdoor kitchen counter; and patching up a section of an interior wall that was previously exposed brick.

Renaissance Kuala Lumpur Hotel & Convention Centre will be part of Marriott International's first dual-branded property under the Marriott Bonvoy travel programme in the country, as the hotel will be sharing an address with the Four Points by Sheraton Kuala Lumpur, City Centre, which is slated to open this quarter.

Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.

In a Bursa Malaysia filing on Friday (Oct 20), Axis REIT said the judgement was served to Yongnam Engineering Sdn Bhd (YESB) and its corporate guarantor which is listed on the Singapore Exchange, Yongnam Holdings Ltd, as both parties did not enter their appearance in the lawsuit.