News about capital

SINGAPORE (June 15): Property group CapitaLand announced that it is setting up a venture fund, C31 Ventures, to tap global tech start-ups in its ongoing effort to “innovate and build real estate of the future”.

KUALA LUMPUR (June 1): Investment and asset management company MFR Capital Sdn Bhd has purchased a whole floor in Hatten Group's Harbour City Resort Suites project in Melaka comprising 40 units for RM24 million, said Hatten Group head of marketing and sales division Cassandra Tio.

GABUNGAN AQRS Bhd’s partnership with state-linked companies, including Sabah’s Suria Capital Holdings Bhd and Tanah Makmur Bhd — whose major shareholders include Pahang’s crown prince Tengku Abdullah Sultan Ahmad Shah — puts it in a good position to bag future jobs.

SINGAPORE (May 23): CapitaLand Commercial Trust (CCT) has proposed to acquire the remainder 60% interest in Grade A office tower CapitaGreen for S$393 million.

PETALING JAYA (May 19): Property developer Juta Asia Corp and Singapore’s CapitaLand will hold a preview for the genKL condominium development, which comprises 332 units, in Kuchai Lama at Bangsar South this weekend, said CapitaLand Malaysia in a press release on behalf of both parties.

KUALA LUMPUR (May 6): TSR Capital Bhd has bagged a RM90 million contract to undertake earthworks and other associated works for the Serdang depot, as part of the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (SSP) Line.

KUALA LUMPUR (April 26): The Crown Prince of Pahang, Tengku Abdullah Sultan Ahmad Shah, together with parties acting in concert (PAC) with him who collectively have a 69.

CapitaLand Malaysia Mall Trust (April 15, RM1.

KUALA LUMPUR (April 8): HCK Capital Group Bhd said its indirect 70%-owned unit HCK Premier Builders Sdn Bhd (HPBSB) has entered into a joint venture (JV) development agreement with Daya Builders Sdn Bhd for the development of apartment units in Kuching, Sarawak.

KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.