Cuscapi buys commercial space of Empire City for RM20m
KUALA LUMPUR (Oct 12): Cuscapi Bhd, which is currently operating from leased premises, is acquiring commercial space of Empire City in Damansara Perdana for RM20 million.
Transport Minister wants Scomi to settle dispute with Prasarana, says report
KUALA LUMPUR (Oct 10): Transport Minister Anthony Loke (pictured) said yesterday that Scomi Engineering Bhd must seek a compromise with Prasarana before a solution is brought to the Cabinet for approval this year-end, reported The Star daily.
Report: Will there be new taxes on inheritance and capital gains?
KUALA LUMPUR (Oct 6): The Edge Malaysia asked this question as part of its cover story this week: Will we see new taxes on inheritance and capital gains? “Talk of new taxes being introduced normally intensifies as the tabling of the annual budget approaches.
HCK Capital likely to take over Empire Remix development, says report
KUALA LUMPUR (Oct 6): Mammoth Empire Holding Sdn Bhd’s (MEH) Empire Remix development in USJ 1, Subang Jaya, Selangor, “is expected to be taken over by a new investor, or a group of new investors”, reported The Edge Malaysia in its latest issue.
Gardens Mall’s new NLA expected to lift IGB REIT FY19-20 earnings
IGB Real Estate Investment Trust(Sept 25, RM1.
2018-2020 tourist arrival, receipt targets lowered
KUALA LUMPUR (Sept 14): Malaysia has revised down its forecast for the number of tourist arrivals for 2020 by 17% to a more realistic figure of 30 million, from an earlier target of 36 million.
Tony Tiah fails in takeover bid for TA Enterprise
KUALA LUMPUR (Sept 13): Datuk Tony Tiah Thee Kian, who launched a mandatory takeover offer (MGO) for TA Enterprise Bhd at 66 sen per share in July, has failed to garner the required acceptance from minority shareholders which would have given him control of over 50% of the total voting shares in the group.
Forest City for foreigners, wooden houses for locals? Ok la, Dr M tells Johor MB
PETALING JAYA (Sept 7): Prime Minister Tun Dr Mahathir Mohamad jibed at Johor Menteri Besar Datuk Osman Sapian, saying he would support the latter if he wanted to allow foreigners to reside in Forest City while locals lived in wooden houses.
Development land near public transport should be used for affordable housing, said Minister of Youth and Sports
KUALA LUMPUR (Sept 6): Minister of Youth and Sports Syed Saddiq Syed Abdul Rahman called for development land located near public transport infrastructure to be allocated for affordable housing developments, instead of selling them to the highest bidder from the private sector.
Johor to formulate clearer housing guidelines
KUALA LUMPUR (Sept 5): After the negative limelight over the US$100 billion Forest City mega project in Johor, the state government will now come up with clearer guidelines on residential development, especially involving the issue of gazetted international land.
