Sunway appoints new hospitality CEO
KUALA LUMPUR (May 22): Sunway Bhd has appointed Albert Cheong (pictured) as the new CEO for its hospitality division effective May 18.
UEM Sunrise takes steps to limit exposure to Iskandar
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
PROPERTY SNAPSHOT What are developments priced in KLCC?
• Based on transactions analysed by theedgeproperty.
PROPERTY SNAPSHOT What’s affordable in KLCC?
• The prices of condominiums in the KLCC area reflect the prestige of living in the heart of the city.
PROPERTY SNAPSHOT Prices in KLCC stagnate
• This week, the prime Kuala Lumpur City Centre (KLCC) area takes centre stage.
1MDB RM42 billion now part of TRX, Bandar Malaysia landbank, says Najib
KLANG (May 17): Prime Minister Datuk Seri Najib Razak yesterday insisted that state fund 1Malaysia Development Bhd's (1MDB) RM42 billion was not lost, saying that the money was now part of the Tun Razak Exchange (TRX) and Bandar Malaysia landbank.
Consult PJ council to avoid problems later, MRT Corp told
PETALING JAYA (May15): Former Petaling Jaya councillor Derek Fernandez is urging the Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) to consult the Petaling Jaya City Council (MBPJ) on the proposed MRT Sungai Buloh-Serdang-Putrajaya (SSP) line.
Who decided to sell Bumi land to 1MDB, asks PAS
KUALA LUMPUR (May 14): With the controversy over the sale of 1Malaysia Development Berhad's (1MDB) land in the Tun Razak Exchange (TRX) financial district to Lembaga Tabung Haji still raging, a PAS leader has upped the ante by asking who made the decision to sell the land, originally earmarked for Bumiputera, to the state investment vehicle.
Kimlun buys Johor land for RM28.3 mil to build residential properties
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
