Report: Goldman offers US$2b to Malaysia over 1MDB, Mahathir says no
KUALA LUMPUR (Nov 4): An offer of less than US$2 billion (RM8.
Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
YNH set to unveil Genting project
KUALA LUMPUR (Nov 4): Investors are probably watching closely every move YNH Property Bhd’s board makes, given the company’s inexplicably high valuations relative to its peers against the backdrop of a lacklustre year for property counters.
Menara Weld and The Weld Shopping Centre up for sale
KUALA LUMPUR (Nov 4): Great Eastern Life Assurance (M) Bhd, a unit of Singapore-listed Great Eastern Holdings Ltd, is calling for bids for the Menara Weld office building and The Weld Shopping Centre located within the Golden Triangle of Kuala Lumpur.
Media Prima: Staff affected by restructuring will receive fair compensation
KUALA LUMPUR (Nov 2): Media Prima Bhd says it is embarking on the next phase of its business transformation exercise and that all affected employees will receive a fair and equitable compensation package.
Heng Huat major shareholder Ooi is now its executive chairman
KUALA LUMPUR (Nov 2): Ooi Chieng Sim, the executive chairman of Atta Global Group Bhd, is also wearing the same hat in Heng Huat Resources Group Bhd now.
Inter-floor leakage: The provisions that matter
If you have an inter-floor leakage issue in your unit, you can rest assured that you are not alone because it is one of the biggest problems faced by high-rise building dwellers.
SC Estate Builder eyes new venture in solar power
KUALA LUMPUR (Nov 1): SC Estate Builder Bhd has entered into a memorandum of understanding (MoU) with Dekad Aliran Sdn Bhd (DASB) for a proposed collaboration in the solar power business under an engineering, procurement, construction and commissioning (EPCC) structure.
National Cleanliness Policy to help PPR residents turn trash into cash
KUALA LUMPUR (Nov 1): Residents of People's Housing Projects (PPRs) will soon be able to learn how to turn trash into cash under the soon-to-be-launched Dasar Kebersihan Negara, or National Cleanliness Policy (NCP).
Boardroom changes in Majuperak
KUALA LUMPUR (Nov 1): Majuperak Holdings Bhd has appointed Nizran Noordin — a former private secretary to the Perak chief minister — group chief executive officer with effect from tomorrow, in a boardroom reshuffle.
