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PETALING JAYA (July 15): Businesses in Asia-Pacific (APAC) are less likely to feel the long-term impacts of Covid-19 on their real estate portfolios, with only 14% expecting the pandemic to permanently alter their real estate strategies, according to Knight Frank’s global (Y)OUR SPACE 2021 survey, which features almost 400 international businesses with a combined headcount of over 10 million, providing an insight into the workplace strategies and real estate needs of global companies.

KUALA LUMPUR (July 15): Global growth could add "several percentage points" and see benefits "in the trillions" if advanced economies release their extra vaccines to help developing countries whose reopening has stalled due to lack of vaccines, World Bank president David Malpass said.

KUALA LUMPUR (July 15): Malaysia's daily Covid-19 cases surged to a new high of 13,215 today.

KUALA LUMPUR (July 15): Consortium Zenith BUCG Sdn Bhd was awarded the Penang undersea tunnel project in 2013 because it had obtained the highest score among the eight shortlisted companies for the overall technical and financial assessment at the request for proposal stage, the Sessions Court heard today.

KUALA LUMPUR (July 15): Ekovest Bhd said today it will not proceed with its heads of agreement (HOA) with Iskandar Waterfront Holdings Sdn Bhd (IWH) to buy into the Bandar Malaysia project, following the lapse of Putrajaya's RM7.

KUALA LUMPUR (July 15): Malaysia’s daily Covid-19 vaccination rate exceeded 400,000 doses for the third straight day with 434,828 doses administered yesterday (July 14).

KUALA LUMPUR (July 15): Share prices of Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, both of which are linked to businessman Tan Sri Lim Kang Hoo (pictured), fell in Bursa Malaysia morning trade today after IWCity’s major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) said yesterday the share sale agreement for the planned acquisition of a 60% stake in Bandar Malaysia Sdn Bhd by IWH’s joint venture (JV) had lapsed on May 6, 2021.

Read also DONE DEAL: SoHo unit at Arcoris Mont'Kiara, Kuala Lumpur DONE DEAL: Two 3-storey shopoffices at Ara Damansara, Petaling Jaya, Selangor Completed in 2014, Centrestage is a mixed development located in Section 13, Petaling Jaya, Selangor.

KUALA LUMPUR (JULY 14): The plan to revive Bandar Malaysia (pictured) has been discontinued as the Restated and Amended Share Sale Agreement (RASSA) for the acquisition of 60% shares in Bandar Malaysia Sdn Bhd (BMSB) has lapsed on May 6, 2021.

KUALA LUMPUR (July 14): Housing and Local Government minister Zuraida Kamarudin (pictured) has filed an application to strike out a defamation suit against her by former Cabinet member and PKR secretary-general Datuk Seri Saifuddin Nasution Ismail.