News about ami

Rented for: RM20,000 (RM8 psf) Concluded by: Michael S L Wong (REN 09493) of Dynamic Realtors (012-519 8688) When: December 2017 Noteworthy: ● 2,500 sq ft ● Mezzanine Floor of Ampang Point Shopping Centre ● Tenant invested RM100,000 for renovation ● Three-year fixed term with option to renew for another three-year term ● Location is central and surrounded by office crowds According to Michael S L Wong of Dynamic Realtors who concluded the deal, the tenant is none other than Cozy Corner Restaurant, formerly of Ampang Park Shopping Centre, which closed its doors on Dec 31 last year.

KUALA LUMPUR (May 15): Maybank Islamic Bhd’s HouzKEY, Malaysia’s first bank-initiated rent-to-own (RTO) scheme, will launch its second phase which will see the scheme being expanded to cover properties on the secondary market.

PETALING JAYA (May 14): Kuala Lumpur City Hall (DBKL) has frozen all unapproved projects, including those built on hillslopes and public spaces, reported Malaysiakini.

To many, Mont’Kiara is the place they aspire to live in.

KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) grew 5.

Sold for: RM6.

KUALA LUMPUR (April 11): Yong Tai Bhd has established a sukuk or Islamic Medium Term Note Programme of RM1 billion in nominal value to finance its investment activities, capital expenditure and working capital requirements.

KUALA LUMPUR (April 5): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Line (ECRL) project, says only 30% of the total workers involved in the RM60 billion project will be foreigners from China and other Asian countries, allaying concerns that the project is mostly run by the Chinese.

PETALING JAYA (April 4): The people will reject Tun Dr Mahathir Mohamad’s promise to stop the East Coast Rail Link (ECRL) project if the opposition coalition wins the 14th general elections, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pictured).

KUALA LUMPUR (March 24): Eco Botanic Sdn Bhd has issued RM150 million of unrated medium term notes (MTN) with a tenure of three to five years, of which RM100 million is guaranteed by Danajamin Nasional Bhd.