News about ST

KUALA LUMPUR (April 8): The re-negotiation of the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil-RM60mil per km, and may include a commitment by the Chinese government to buy Malaysian palm oil and bring in projects.

  KUALA LUMPUR (April 8): Sunway Real Estate Investment Trust (REIT)'s proposed RM10 billion perpetual note programme, which will increase the group's debt headroom without diluting earnings and distribution per unit (EPU and DPU), is a positive development, according to Hong Leong Investment Bank (HLIB) Research.

  KUALA LUMPUR (April 8): Pavilion Real Estate Investment Trust (REIT) has opted not to participate in the ownership of the under-construction Pavilion Bukit Jalil mall to avoid unwanted risks, but believes the asset will be worth reconsidering upon its completion, said its manager.

So you’re selling your property.

  KUALA LUMPUR: London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills.

GEORGE TOWN (April 5): Penang is serious in putting a stop to the reselling of its low-cost (LC) and low medium-cost (LMC) houses in the open market, and is in the midst of drafting new laws to that effect.

JOHOR BAHRU (April 5): The Federal government is not required to inform the state of the project as it is located 3.

  KUALA LUMPUR (April 5): Public Accounts Committee (PAC) chairman Datuk Seri Ronald Kiandee said the PAC has finished taking statements for its probe into the Johor-Singapore Vehicle Entry Permit (VEP) system.

  KUALA LUMPUR (April 5): While the country’s national debts are at a more manageable level currently after the government has recovered some money from abroad, still Prime Minister Tun Dr Mahathir Mohamad points out that the government needs to sell more assets to reduce borrowings.

  KUALA LUMPUR (April 5): Vizione Holdings Bhd, whose subsidiary was mentioned in a cheating case linked to a graft probe on the Penang undersea tunnel, clarified yesterday that the RM15 million reportedly paid out from its subsidiary's account was actually a security deposit it paid for a certain work package under the Penang Mega Infrastructure (PMI) project.