Empty new mall in Changi now on sale for RM117m
SINGAPORE (April 9): A long vacant three-storey mall in Changi is now seeking a new owner with a guide price of S$38 million (RM117 million) or S$2,000 psf, reported Channel News Asia (CNA).
Khazanah on the lookout for potential new strategic investments in Malaysia
KUALA LUMPUR (March 4): Khazanah Nasional Bhd is on the lookout for potential new strategic investments in Malaysia, in line with the call from the government to seek more contributions from government-linked companies (GLCs) and government-linked investment companies (GLICs) to grow the economy, particularly in the current climate.
EPF assets hit RM1.02 trillion but 30% may have zero balance in Account 1, 60% for Account 2
KUALA LUMPUR (Feb 27): Despite higher withdrawals amid the pandemic, the “market value” of the Employees Provident Fund (EPF)’s total investment assets hit RM1.
EPF plans to sell assets
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
Tony Pua to propose debate on formation of Special Select Committee to evaluate recovery of 1MDB-related assets
KUALA LUMPUR (Aug 5): Damansara Member of Parliament (MP) Tony Pua Kiam Wee (pictured) will propose a debate on the formation of a Special Select Committee to look into the actions taken by the government to recover cash and assets related to controversy-laden 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd.
Hongkongers looking at Malaysia as 'back-up' home
Ever since China approved the controversial national security laws for Hong Kong end of May this year, there has been another surge of enquiries for the Malaysia My Second Home (MM2H) Programme, according to MM2H agency Starcity Global managing director Florence Ten.
Sime Darby Property returns to the black in FY19
KUALA LUMPUR (Feb 26): Sime Darby Property Bhd returned to profitability in the financial year ended Dec 31, 2019 (FY19), posting a net profit of RM598.
JJ's estate not yet distributed, liabilities to be determined, says daughter
KUALA LUMPUR (Feb 20): Nur Anis Jamaluddin, the daughter of the late Tan Sri Jamaluddin Jarjis, told the court that the liabilities of her father's estate need to be ascertained before it can be distributed.
Jamaludin Jarjis' mother denies she was shown certificate on son's assets
KUALA LUMPUR (Feb 19): Aminah Abdullah (pictured on wheelchair), the mother of the late Tan Sri Jamaluddin Jarjis, denied in court here today that she was shown a faraid certificate involving her son's assets during a family meeting, after her son's death.
BAssets 4Q net loss widens following higher deferred tax bill
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
