Bank Negara okays MBSB's merger talks with AFB

KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.

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Low demand to impact businesses

THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.

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‘IGB, EcoFirst to team up for RM400 mil condo’

KUALA LUMPUR (Dec 20): IGB Corp Bhd, the property firm that made its name developing Mid Valley City, is set to team up with EcoFirst Consolidated Bhd to undertake a RM400 million high-end condominium project in Kuala Lumpur next year, according to sources.

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Best Western to debut in Krabi, Thailand

PETALING JAYA (Dec 17): Best Western Hotels & Resorts has set another milestone in Asia — Hula Hula Resort & Spa located in Krabi has now been rebranded as the Best Western Hula Hula Ao Nang Resort.

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Global Oriental launches Galleria 2

GLOBAL Oriental Bhd is wrapping up the year with a soft launch of the second phase of its Galleria mid-range serviced apartment, in Equine Park, Seri Kembangan, on Dec 3.

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