Burst tank on Mount Austin luxury serviced apartment makes ‘waterfall‘
PETALING JAYA (June 29): A water tank atop the upscale Palazio Serviced Apartment in Johor Bahru burst today, causing a "waterfall" to gush from the roof of the building.
PNB confirms Wahid Omar to leave PNB, Zeti to be new chairman
KUALA LUMPUR (June 29): Permodalan Nasional Bhd (PNB), the investment arm of Yayasan Pelaburan Bumiputera (YPB), has confirmed that its group chairman Tan Sri Abdul Wahid Omar will be leaving, with effect from June 30, 2018.
More unsold homes under construction and unconstructed in 1Q2018
PETALING JAYA (June 29): The Malaysia property market is expected to see a surge in supply of residential properties in the near future as the number of unsold residential units from launched projects that are under construction and those yet to be constructed, have climbed in 1Q2018.
Berjaya Corp ends FY18 in the red as impairment, unfavourable forex drag
KUALA LUMPUR (June 29): Berjaya Corp Bhd (BCorp) fell into the red with a net loss of RM95.
Over 60 fire stations in dilapidated condition in the country
KUALA LUMPUR (June 28): More than 60 fire stations in the country are in dilapidated condition, revealed The Urban Wellbeing, Housing and Local Government Ministry (KPKT) today.
DONE DEAL: 1.5-storey factory, Perai Industrial Estate, Penang
Rented for: RM75,000 a month Concluded by: J T Tan (REN 08365) of Khoo & Associates Realty (012-392 6682) When: Feb 14, 2018 Noteworthy: ● A factory with a land area of 121,968 sq ft and built-up size of 72,000 sq ft ● Nearby amenities: Juru Auto City, banks and various eateries ● About 4km away from Bukit Tengah Industrial Park, 8km away from Penang Bridge, 28km to George Town, 26km away from Bayan Lepas Industrial Park and Penang International Airport Situated close to the Penang Bridge, Perai Industrial Estate is a home for light and medium industries that create work opportunities for the locals.
Giant sand dredger plying Johor-S’pore sand-smuggling route
PETALING JAYA (June 28): A giant sand dredger dubbed the “world’s largest floating vacuum cleaner” has been spotted plying a shipping route between Johor and southern Singapore popular among sand smugglers, reported the Malay Mail.
Country View takes over Iskandar Puteri plot on June 29
PETALING JAYA (June 27): Country View Bhd will take delivery of vacant possession of 163.
Selangor Properties 2Q earnings clipped on fair value loss, slips into the red in 1H
KUALA LUMPUR (June 26): Selangor Properties Bhd’s net profit for the second quarter ended April 30, 2018 (2QFY18) contracted by 22.
