Proposed Johor acquisitions expected to be yield-accretive for Axis REIT
Axis Real Estate Investment Trust (June 8, RM1.
Chin Hin sells shopoffices for RM21.2m in related party deal
KUALA LUMPUR (June 7): Chin Hin Group Bhd will sell 17 units of three-storey shopoffices to Chin Hin Building Materials Supply (JB) Sdn Bhd (CHBMS) for RM21.
KPKT to meet MoF and BNM on lending guidelines
PUTRAJAYA (June 5): The Housing and Local Government Ministry (KPKT) will discuss with the Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) on relaxing current lending guidelines to enable more homebuyers from the B40 and M40 groups to secure housing loan.
Tropicana chairman Othman Abd Razak resigns after less than a year on the job
KUALA LUMPUR (June 1): Tropicana Corp Bhd's independent and non-executive chairman Tan Sri Othman Abd Razak has resigned from his position after a little less than 10 months on the job, citing personal commitment.
Buildings may not be safe even with Fire Certificate
PETALING JAYA (May 31): Do not make the grave mistake of assuming that your home or property is safe from fire just because you have secured a Fire Certificate, warned Architect Centre Sdn Bhd (ACSB) accredited building inspector and trainer Anthony Lee Tee.
Audit results show KL bicycle lanes safe to use, says DBKL
PETALING JAYA (May 30): The Kuala Lumpur bicycle lanes are safe for use, according to audits conducted by Pertubuhan Ikram Malaysia and Universiti Teknologi Malaysia (UTM), said Kuala Lumpur City Hall (DBKL) Civil Engineering and Urban Transportation Department director Abdul Hamid Surip.
Gamuda falls 6.05% after HSR scrapped and rating downgraded
KUALA LUMPUR (May 30): Gamuda Bhd shares fell 6.
About 50% of high-risk buildings do not meet fire safety standards
PETALING JAYA (May 30): Half of the 8,638 buildings nationwide which are listed in the “high risk” category do not comply with fire safety standards, said the Fire and Rescue Department.
UOA Development's 1Q net profit falls with lower profit margins
KUALA LUMPUR (May 24): Property developer UOA Development Bhd saw its net profit for the first financial quarter ended March 31, 2018 (1QFY18) fall 34% year-on-year to RM32.
Melaka Planetarium transformer room destroyed in fire
PETALING JAYA (May 24): A transformer room outside the Melaka Planetarium was destroyed in a fire at noon yesterday, reported Bernama.
