KUALA LUMPUR (Dec 26): A firm owned by the Selangor State Development Corp (PKNS) and Andaman Group is suing Parkson Corporation Sdn Bhd (PCSB) for allegedly failing to pay rent for a retail space in EVO Shopping Mall in Bangi.
PETALING JAYA (Jan 18): Almost 60 owners of units in The Arc @ Cyberjaya condominium have launched a class action suit against its developer Maju Puncakbumi Sdn Bhd for allegedly defaulting on a guaranteed rental return (GRR) scheme payment.
LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.
KUALA LUMPUR (May 25): Loss-making hospitality and property company Landmarks Bhd is looking for a joint-venture (JV) partner to add new hotels and resorts within its Treasure Bay Bintan development in Bintan, Indonesia.
KUALA LUMPUR (May 24): Property developer Eastern & Oriental Bhd (E&O) returned to the black in the fourth quarter ended March 31, 2017 (4QFY17), posting a net profit of RM49.
KUALA LUMPUR (May 19): Landmarks Bhd, a 30.