News about d

KUALA LUMPUR (May 17): Sime Darby Property Bhd is partnering Japan's Mitsui & Co Ltd and Mitsubishi Estate Co Ltd to jointly develop and lease built-to-suit industrial facilities with a gross development value (GDV) of RM530 million at Sime Darby Property's Bandar Bukit Raja township in Klang, Selangor.

PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.

KUALA LUMPUR (May 17): Country Heights Holdings Bhd’s wholly-owned unit, Mines Holdings Sdn Bhd, is divesting a 5% stake in Country Heights Health Tourism Sdn Bhd (CHHT) for RM250,000.

KUALA LUMPUR (May 17): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), posted a marginal 2.

KUALA LUMPUR (May 17): Meda Inc Bhd said its wholly-owned subsidiary Maju Puncakbumi Sdn Bhd had launched legal action against Perbadanan PR1MA Malaysia (PR1MA), claiming RM108.

KUALA LUMPUR (May 17): Although previously close to securing between RM2 billion and RM3 billion worth of financing for its Lifestyle Quarter in the Tun Razak Exchange (TRX) development, TRX City Sdn Bhd and its joint-venture (JV) partner Lendlease Corp Ltd appear to be having difficulties locking down funding.

PETALING JAYA (May 17): Hillcrest Gardens Sdn Bhd today announced that with immediate effect, selling prices of its latest development, Hillcrest Heights @ Taman Puchong Utama, will be adjusted downwards by 3% to reflect the savings from the zero-rated Goods and Services Tax (GST) announced yesterday by the new government.

KUALA LUMPUR: Singapore-listed Aspen (Group) Holdings Ltd's net profit grew about 2.

KUALA LUMPUR (May 16): Kepong MP Lim Lip Eng has lodged a report with the Malaysian Anti-Corruption Commission (MACC) today to investigate 64 parcels of land sold by Kuala Lumpur City Hall (DBKL) under the purview of the former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor from 2013 to 2018.

KUALA LUMPUR (May 16): Shares of Sarawak state infrastructure facilitator Cahya Mata Sarawak Bhd (CMSB) rose as much as 4.