LBS Bina kicks off sukuk programme with RM200m sustainability sukuk issuance
The sustainability sukuk is priced at a yield of 5% with a periodic distribution of 5% per annum.
Urban Renewal Implementation Guidelines: How will owners’ rights be protected?
In addressing concerns regarding property owners’ interests, KPKT has outlined some points to be adhered to in the process of urban renewal.
Urban Renewal Implementation Guidelines – What’s in it for developers?
The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.
Sunview’s unit ups stake in aluminium firm to 30%
“This is crucial in mitigating potential cost increases, as both the aluminium price and freight charges are expected to increase in the near future.
KPKT proposes 75% consent threshold for en-bloc sales for urban redevelopment
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
Pavilion REIT cancels MOUs to power Pavilion KL, Intermark and Pavilion Bukit Jalil with renewable energy
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.
Urban Renewal Act: Is KPKT biting more than it can chew?
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.
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Airbnb collaborates with PLANMalaysia on guidelines for short-term rental accommodation
PLANMalaysia has conducted a series of engagements with stakeholders including federal government agencies, state and local authorities, online travel platforms, hoteliers and host associations.
Radium Development completes RM40,000 CSR upgrading works for Shelter Home for Children OUG
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 reopens its doors this month
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.
