Singapore-based Beverly Group to unveil Equine Residence phase two in 2H2017
SELANGOR (May 14): Singapore-based Beverly Group Sdn Bhd will be unveiling phase two of its Equine Residence development in Seri Kembangan, in the second half of this year following the positive response to the recent launch of phase one.
MoF confirms Arul Kanda out as Bandar Malaysia head
KUALA LUMPUR: The finance ministry (MoF) has confirmed that 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy has been removed from Bandar Malaysia Sdn Bhd.
Deposit returned to IWH CREC
KUALA LUMPUR (May 12): IWH CREC Sdn Bhd has received the refund of RM741 million that it had paid as deposit to purchase a 60% equity stake in Bandar Malaysia Sdn Bhd for RM7.
IWCity active, rises 4.35% after recent beating on aborted Bandar Malaysia deal
KUALA LUMPUR (May 11): Iskandar Waterfront City Bhd (IWC) shares recovered 4.
Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted
SINGAPORE (May 10): Kevin Xayaraj has stepped down from his position as CEO and executive director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.
UOB Malaysia expects BNM to stand pat on OPR
KUALA LUMPUR (May 9): Bank Negara Malaysia (BNM) is most likely to keep the overnight policy rate (OPR) unchanged at its monetary policy meeting this Friday, according to UOB Malaysia.
China's Wanda in talks to develop Bandar Malaysia
KUALA LUMPUR (May 9): The company controlled by China's richest man is now the front runner to lead the development of Bandar Malaysia after Putrajaya last week dropped the consortium that was earmarked to buy a majority stake in the project, the Singapore daily The Straits Times reported today.
