Jag proposes private placement to raise RM14.41m for its property project
KUALA LUMPUR (June 22): JAG Bhd has proposed a private placement to raise up to RM14.
Govt to own all of Exchange 106 if Mulia Group does not meet obligations
PETALING JAYA (June 22): The Malaysian government will have full ownership of the Exchange 106 office tower in the Tun Razak Exchange (TRX) if the Mulia Group does not repay the Finance Ministry (MoF) on time, reported The Star.
Azmin tells Felda to undertake forensic audit
KUALA LUMPUR (June 22): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has instructed the Federal Land Development Authority (Felda), which is embroiled in several controversial deals, to undertake an “external forensic audit to get to the bottom of this”.
UPDATE: Tun Razak Exchange gets RM2.8b bailout
PUTRAJAYA (June 22): The Pakatan Harapan-led government is rescuing the 70-acre (28.
PNB dismisses speculation about Wahid’s resignation
KUALA LUMPUR (June 22): State-owned fund manager Permodalan Nasional Bhd (PNB) has declined to comment on reports that its chairman Tan Sri Abdul Wahid Omar will be resigning early next month.
TRX welcomes MoF bailout
(Video courtesy of TRX City Sdn Bhd) PETALING JAYA (June 21): TRX City Sdn Bhd has welcomed the Ministry of Finance’s RM2.
Chambers Kuala Lumpur 60% taken up within three months
PUTRAJAYA (June 21): Matrix Concepts Holdings Bhd’s maiden project in Kuala Lumpur, Chambers Kuala Lumpur, has achieved a 60% take-up rate within three months of the project’s soft launch in February this year.
The makings of a successful transit-oriented development
What does it take to successfully manage an integrated development or a transit-oriented development? Malaysia can perhaps learn much from its neighbour down south.
