News about Shah Alam

PETALING JAYA (June 14): The Public Works Department (JKR) has given the nod and road-users around Setia Alam will enjoy smoother traffic flow by year-end.

KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

KUALA LUMPUR (May 21): The appeal made by Maju Puncakbumi Sdn Bhd against the decision that granted the developer a stay of the damages previously awarded to 137 homeowners was today dismissed by the Court of Appeal, the Malay Mail reported today.

KUALA LUMPUR (May 17): Meda Inc Bhd said its wholly-owned subsidiary Maju Puncakbumi Sdn Bhd had launched legal action against Perbadanan PR1MA Malaysia (PR1MA), claiming RM108.

Sunway Real Estate Investment Trust (May 4, RM1.

KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) grew 5.

KUALA LUMPUR (May 2): Motorists will not need to pay toll on LATAR expressways during voting hours on May 9 (polling day).

KUALA LUMPUR (April 26): Axis Real Estate Investment Trust's (Axis REIT) net property income (NPI) grew 6.

Axis Real Estate Investment Trust (April 24, RM1.