Both IGB REIT assets expected to continue to perform well
GB Real Estate Investment Trust (July 16, RM1.
Guan Eng: LRT3 is a mini 1MDB scandal
KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.
Pasdec CEO steps down on contract expiry
KUALA LUMPUR (July 17): Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract today.
EcoWorld London in talks with pension funds, insurance companies for build-to-rent projects
LONDON CITY ISLAND (July 17): Property developer EcoWorld London is in talks with private pension funds and insurance companies for the sale of projects in 6 of its 12 active project sites, said EcoWorld International Bhd (EWI) president and CEO Datuk Teow Leong Seng.
Ecoworld Ballymore completes first tower of London City Island phase two six months early
LONDON CITY ISLAND (July 17): Property developer Ecoworld-Ballymore Holding Co Ltd has completed and handed over the first tower of phase two of London City Island (LCI) development six months ahead of schedule yesterday.
Johor aims for at least 2,000 affordable homes this year
PETALING JAYA (July 16): The state government down south plans to build between 2,000 and 3,000 units of Johor Affordable Homes (RMMJ) this year.
MoT alleviates concerns over LRT3 rationalisation
KUALA LUMPUR (July 16): The Ministry of Transport (MoT) today sought to alleviate concerns over the "rigorous cost rationalisation" of the Light Rail Transit Line 3 (LRT3) project, saying the move would lead to higher operational viability and lower ticket fares.
Energy efficiency, smart parking and 1,041 CCTVs for Penang
PETALING JAYA (July 16) — By May 2019, Penang will have 911 units of CCTV installed on the island and 130 units on the mainland, bringing the total to 1,041 units, said state exco Jagdeep Singh Deo.
KL lawmakers to be represented in City Hall
KUALA LUMPUR (July 16): Kuala Lumpur’s members of Parliament will take part in a consultative council to bring up issues of public concern to Kuala Lumpur City Hall (DBKL).
