KUALA LUMPUR (March 12): Malaysia Pacific Corp Bhd has signed a sale and purchase agreement to dispose of Wisma MPL in Jalan Raja Chulan for RM189 million to Asia New Venture Capital Holdings Sdn Bhd.
KUALA LUMPUR (Jan 16): HCK Capital Group Bhd, controlled by businessman Tan Sri Clement Hii, is taking over the development of the Empire Remix 2 project in USJ 1, Subang Jaya from Mammoth Empire Holding Sdn Bhd’s (MEH) unit, True Renaissance Development Sdn Bhd (TRDSB), and will brand it as an integrated education city development.
KUALA LUMPUR (Jan 15): TSR Capital Bhd has secured an RM307 million earthwork sub-contract for the Gemas-Johor Bahru electrified double-track project.
KUALA LUMPUR (Dec 22): PRG Holdings Bhd has agreed to subscribe for shares in Singapore-listed Capital World Ltd, which is primarily involved in property development in Malaysia.
KUALA LUMPUR (Dec 21): WCT Holdings Bhd and TSR Capital Bhd's units have both jointly accepted a contract award worth RM676.
PETALING JAYA (Dec 11): Encorp Bhd’s plans to jointly develop its Bukit Katil land in Melaka with Sinmah Capital Bhd fallen through, said reports yesterday.
KUALA LUMPUR (Nov 8): Former finance minister Tun Daim Zainuddin (pictured) said today that capital controls may not work for Malaysia now as market conditions have changed, compared with the 1997-1998 Asian financial crisis.
KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.
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