Penang seeks waiver of confidentiality clauses in land reclamation deals
KUALA LUMPUR (Dec 18): The Penang government is seeking the consent of two major development companies to waive the confidentiality clauses in land reclamation agreements signed with the previous Barisan Nasional administration.
Anzo calls off property deal
KUALA LUMPUR (Dec 17): Anzo Holdings Bhd has mutually agreed with vendor Datuk Lim Thiam Huat to terminate a sale and purchase agreement (SPA) to acquire a RM7.
MPCorp sees Iskandar project as key to turnaround
KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.
AmFIRST sells 13-storey office building on Jln P Ramlee for RM36m
KUALA LUMPUR (Dec 15): AmFIRST Real Estate Investment Trust (REIT) is disposing of a 13-storey office building at Jalan P Ramlee for RM36 million, cash, to realise its investment in the property.
Country Heights makes changes at its hotels
Country Heights Holdings Bhd (CHHB), which has been reporting net losses for the past three financial quarters, is making an effort to revive its two hospitality assets — Palace of the Golden Horses (POGH) and Mines Wellness Hotel — in an attempt to improve its earnings prospects amid rising competition and dwindling tourist arrival numbers.
How to register for Selangor's 7,500 new affordable homes
SUNGAI BULOH (Dec 15): The Selangor Development Corporation (PKNS) aims to build 7,500 affordable homes in the state to cater to residents on a tight budget, says PKNS general manager Azlan Alifiah.
No official requirement stipulating bumi-partnered law firms for civil servants' housing loan applications
KUALA LUMPUR (Dec 15): The government has not instituted a requirement for civil servants to only engage law firms with bumiputera partnerships in their application for government housing loans.
S P Setia's RM4b sales target achievable, but sales has declined over the years
KUALA LUMPUR (Dec 11): Analysts had mixed views over S P Setia Bhd's prospects.
Mӧvenpick Hotels and Resorts to manage RM350 million five-star hotel in Kelantan
KUALA LUMPUR (Dec 10): The east coast Malaysian state of Kelantan will soon have another five-star hotel.