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.
KLANG (Oct 6): Property developer Mitraland Group Sdn Bhd is set to launch its first smart homes — the 31-storey Andaman Residences serviced apartment — in its mixed-use development Gravit8 in Klang around mid-November.
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.
KUALA LUMPUR (Nov 18): Landmarks Bhd yesterday announced the appointment of Mark Wee Liang Yee as its new chief executive officer while it saw a net loss of RM14.
KUALA LUMPUR (May 23): Landmarks Bhd's net loss widened to RM6.
The first two serviced apartment blocks of the Andaman Group’s ARC @ Austin Hills in Taman Daya, Johor Baru, are currently 50% taken up since being launched on July 31.
KUALA LUMPUR (Sept 30): High-end property developer Eastern & Oriental Bhd (E&O) is maintaining its target of achieving RM173 million in net profit for the financial year ending March 31, 2016 (FY16) despite a challenging outlook for the company in view of the soft property market.
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