BAssets ups stake in 7-Eleven Malaysia to 4.63%
KUALA LUMPUR (Jan 11): Berjaya Assets Bhd (BAssets) has increased its stake in 7-Eleven Malaysia Holdings Bhd to 4.
M101 Skywheel records over RM530m sales in 2017
PETALING JAYA (Jan 11): M101 Holdings Sdn Bhd’s RM2.
LBS launches first 2018 project as company eyes RM1.8b sales
KUALA LUMPUR (Jan 11): LBS Bina Group Bhd had today launched its first property project in 2018, a planned RM954.
Finance Minister II neither denies nor confirms MoF’s acquisition of 51% stake in TRX office tower developer
KUALA LUMPUR (Jan 11): Minister of Finance II Datuk Seri Johari Abdul Ghani did not confirm or deny a report stating that the Minister of Finance (MoF) had bought a 51% stake in Mulia Property Development Sdn Bhd — the developer of The Exchange 106 at the Tun Razak Exchange in Kuala Lumpur.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
IDEAS: Development freeze “excessive demonstration of govt powers”
KUALA LUMPUR (Jan 11): Putrajaya’s orders to indefinitely freeze approvals for four types of developments is an “excessive demonstration of government powers to suppress the free market”, said the Institute for Democracy and Economic Affairs (IDEAS) in a statement.
Goldis to complete IGB takeover in early March
KUALA LUMPUR (Jan 10): Goldis Bhd aims to complete its takeover of IGB Corp Bhd in early March, with the latter's shares to be delisted from the Main Market of Bursa Malaysia within the same month.
Ewein confirms MD remanded by MACC in Penang graft probe
KUALA LUMPUR (Jan 10): Penang-based property developer Ewein Bhd confirmed that its group managing director Datuk Ewe Swee Kheng has been remanded by the Malaysian Anti-Corruption Commission (MACC) to facilitate and assist in the graft probe in relation to the Penang undersea tunnel project in Penang.
Bangladeshi worker body retrieved from building collapse rubble
PETALING JAYA (Jan 10): Firefighters have early this morning retrieved the body of a Bangladeshi worker who was trapped beneath the rubble of a building under construction that had collapsed at Jalan Cochrane.
Ayer Holdings plans two new residential launches in 2H18
PUCHONG (Jan 10): Plantation and property group Ayer Holdings Bhd (formerly known as TAHPS Group Bhd) is looking at launching two new projects in its Bukit Puchong township in the second half of this year (2H18), said group CEO Eugene Khoo.
