OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
Malaysia GDP growth slows to 4.4% in 3Q vs 4.9% in 2Q
KUALA LUMPUR (Nov 15): Malaysia's economic growth, as measured by gross domestic product, moderated to 4.
WCE says RM481m cash call oversubscribed
KUALA LUMPUR (Nov 15): WCE Holdings Bhd, the concessionaire of West Coast Expressway, announced yesterday that its rights issue of redeemable convertible preference shares (RCPS) with free warrants, to raise up to RM481.
TEMU to take City of Elmina to new heights
The City of Elmina has been hogging the property limelight in recent years, and for good reason.
Chinese billionaire's profligate son banned from spending on luxuries
PETALING JAYA (Nov 13): Chinese real estate mogul Wang Jianlin's only son Wang Sicong has been banned by a Shanghai court order from traveling first class, buying property, staying in luxury hotels, going on vacations, playing golf, or visiting nightclubs, the South China Morning Post reported on Saturday.
Senheng Electric and German company Leschaco are first two tenants in BBRIG
KLANG (Nov 13): Bandar Bukit Raja Industrial Gateway (BBRIG), a joint-venture development by Sime Darby Property, Mitsui & Co Ltd and Mitsubishi Estate Co Ltd, has secured two major tenants, which will start operations there in 3Q2020.
Sime Darby Property, Mitsui Malaysia and Mitsubishi Estate to develop Bandar Bukit Raja Industrial Gateway
KLANG (Nov 13): Sime Darby Property Bhd has partnered Mitsui & Co Ltd and Mitsubishi Estate Co Ltd to develop Bandar Bukit Raja Industrial Gateway (BBRIG) which will offer land lease and Built-to-Suit (BTS) services to business owners.
Selangor proposes that developers include community centres for senior citizens in projects
PETALING JAYA (Nov 12): The Selangor Economic Action Council or MTES has approved the state government’s proposal to have property developers build a community centre for senior citizens in “future projects”, The Star reported today.
Ivory Properties plans land buy in Penang for RM65m
KUALA LUMPUR (Nov 12): Ivory Properties Group Bhd is planning to buy a piece of freehold land in Penang for RM65 million.
Nine roads in Klang being upgraded
PETALING JAYA (Nov 11): Nine roads in Klang are being upgraded with road resurfacing, pedestrian pavement repairs and drainage works, the Star reported today.
