News about airport

KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.

KUALA LUMPUR (April 3): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal 3) of the Sultan Abdul Aziz Shah Airport in Subang, Selangor — for RM44.

PETALING JAYA (March 30): After over four hours, firefighters had managed to extinguish a fire that broke out at four warehouses near the air cargo complex of the Penang International Airport at Batu Maung, Penang, last night.

PETALING JAYA (Feb 19): Property magnate Tan Sri Desmond Lim is allegedly planning to buy a 60% stake in Subang Skypark Sdn Bhd from Tan Sri Ravindran Menon and his partner Datuk Aisamar Kadil Mydin Syed Marikiah for an undisclosed sum, with intentions to redevelop the land surrounding Sultan Abdul Aziz Shah Airport in Subang, where the company has a long sub-lease concession agreement with Malaysia Airports Holdings Bhd (MAHB) to operate its city airport terminal and integrated commercial and business aviation hub, reported The Edge weekly.

KUALA LUMPUR (Oct 20): Bintai Kinden Corp Bhd rebounded from the trough this morning after the company announced a joint venture project with gross development value (GDV) of RM350 million yesterday.

SINGAPORE (June 8): CapitaLand is pushing the boundaries of reinventing space when it comes to indoor attractions and air-conditioned parks.

KUALA LUMPUR (June 2): The redevelopment of Terminal 2 at the Sultan Abdul Aziz Shah Airport in Subang, Selangor, is set to begin at end-2017, said Subang SkyPark Sdn Bhd executive director Tan Sri Ravindran Menon.

Rented for: RM20,000 a month Concluded by: Christine Lim (REN 01622) of Tech Realtors Properties (012-633 3333) and Freeman Woo (REN 05026) of MIP Properties (012-656 7617) When: October 2016 Noteworthy: ● leasehold ● golf club view ● gated-and-guarded development ● unit land area: 7,700 sq ft; built-up size: 9,000 sq ft, ● two storeys ● 4+1 bedrooms and six bathrooms ● Clubhouse facilities: tennis and badminton courts, bowling, swimming pools, 27-hole golf course, library, gaming room, gymnasium, children playground and multipurpose hall ● Near amenities that include an international school, university, medical centre, shopping malls, convenience store and restaurants ● Easy access to Jalan Tropicana Utama which connects to neighbouring townships in Petaling Jaya, the New Klang Valley Expressway and Damansara-Puchong Highway Developed by Tropicana Corp Bhd, Tropicana Golf & Country Resort is a luxury residential project in a gated-and-guarded community.

Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.

Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size:  50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.