News about Selangor

KUALA LUMPUR (March 16): Selangor Properties Bhd, whose controlling shareholder is in the midst of taking it private at RM6.

PETALING JAYA (March 4): The Selangor government plans to build “some 30,000 units” of affordable homes by 2025, Mentri Besar Amirudin Shari (pictured) was reported saying by The Star recently.

PETALING JAYA (Feb 26): Shah Alam City Council (MBSA) has clarified that the plot of land near the Bukit Cerakah Forest Reserve in Shah Alam is not part of the forest reserve.

KUALA LUMPUR (Feb 15): Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.

KUALA LUMPUR (Feb 14): Selangor Properties Bhd (SPB) said today shareholders have approved the proposed selective capital reduction and repayment (SCR) in the company after the majority of them voted for the resolution to privatise the group.

There seems to be little good news in the commercial office property sector amidst the current economic slowdown in Malaysia.

SHAH ALAM (Jan 25): The Selangor State Government Corp (PKNS) will be launching properties with a GDV of RM1.

KUALA LUMPUR: A new condominium project by Mitraland Group is expected to be launched by early March.

PETALING JAYA (Jan 21): The Selangor government is zeroing in on the problem of potholes and poorly-maintained roads and water outlets.

KUALA LUMPUR (Jan 16): TA Securities Holdings Bhd had today advised Selangor Properties Bhd (SPB) shareholders to accept the revised RM6.