Selangor Properties 4QFY17 profit down 64%
KUALA LUMPUR (Dec 28): Selangor Properties Bhd’s net profit in the fourth quarter ended Oct 31, 2017 (4QFY17) fell 64.
Hua Yang to develop a mixed development in Kajang
PETALING JAYA (Dec 27): Hua Yang Bhd has announced today that it will undertake a mixed development project comprising serviced apartments, retail units and affordable homes located between Kajang and Bandar Baru Bangi with an estimated GDV of RM800 million.
Police to question former Felda chairman over Jalan Semarak land
PETALING JAYA (Dec 27): The police will question former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Samad over the RM270 million land deal at Jalan Semarak, which took place in 2015, during his tenure.
Taman Desa residents lodge report with MACC to investigate land sale
PETALING JAYA (Dec 27): A total of 78 residents of Tiara Faber Condominium and Desa 1 Residences in Taman Desa have lodged a report with the Malaysian Anti-Corruption Commission (MACC) today to investigate the conversion and subsequent sale of land to a private developer.
MRCB sells 70% of property project in Setapak to Lembaga Tabung Haji for RM100.1m cash
KUALA LUMPUR (Dec 27): Malaysian Resources Corp Bhd (MRCB) has entered into agreement with Lembaga Tabung Haji for the pilgrim fund to purchase a 70% stake in 59INC Sdn Bhd, which owns three parcels of land in Setapak for mixed development, for RM100.
Prasarana extends LRT, Monorail, MRT, BRT, Rapid KL services for New Year 2018
KUALA LUMPUR (Dec 27): The operating hours of Light Rail Transit (LRT), the Monorail, Mass Rapid Transit (MRT), Rapid Transit Bus (BRT) and Rapid KL Bus services to some stations will be extended until 2am on Monday to accommodate users welcoming New Year 2018.
Chinese consortium led by CRC to bid for KL-Singapore HSR project
PETALING JAYA (Dec 26): A consortium led by China Railway Corp (CRC) including at least eight companies such as China Communications Construction Co Ltd, China Investment Corp and the Export-Import Bank of China intends to submit a proposal for the Kuala Lumpur-Singapore High-Speed Rail project, Caixin reported.
TTDI residents seek donation for legal fees
PETALING JAYA (Dec 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) and Save Taman Rimba Kiara Working Group are seeking donations from the public to raise funds for the ongoing court case against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.
High property taxes to blame for Selangor’s high cost of living, says economist
PETALING JAYA (Dec 26): High property-related taxes and other rates imposed by the Selangor government have driven up the cost of living in the state, said political economist Isham Jalil.
