Hektar REIT eyeing malls in second-tier cities
KUALA LUMPUR (April 26): Hektar Real Estate Investment Trust (REIT), which expects to maintain its distribution per unit (DPU) at 10.
Pahang Crown Prince plans to privatise Tanah Makmur
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.
Gabungan AQRS gets new CEO in line-up changes
KUALA LUMPUR (April 26): Gabungan AQRS Bhd made several changes to its management line-up yesterday, with its major shareholder and chief executive officer (CEO) Ng Chun Kooi, 55, redesignated as the company’s executive vice-chairman.
HSR to be ready by 2027, construction to take seven years
Construction sector Maintain “overweight”: A local business daily reported that the Kuala Lumpur high speed rail (HSR) project will commence operations in 2027 from its initial target of 2020.
Owner of Kedah’s Aman Central mall said to be looking for a buyer
PENANG-BASED property developer Belleview Sdn Bhd is said to be seeking a buyer for its Aman Central shopping mall in Alor Setar, Kedah.
Purcon lines up projects with GDV of RM400m
ENGINEERING company Purcon Group formed its property development arm eight years ago, when it already had 30 years of experience in construction under its belt.
70% of Eco Somerset shop offices snapped up in a day
PETALING JAYA (April 25): Eco Somerset lifestyle shop offices in the Eco Sanctuary township at the south of Kota Kemuning have received overwhelming response from buyers, with 70% of the units snapped up during the first day of its official launch.
KLK Land unveils Hibiscus 2 2-storey terraced houses
PETALING JAYA (April 25): KLK Land, a subsidiary of KL-Kepong Bhd, has opened its Hibiscus 2 2-storey terraced houses in Bandar Seri Coalfields, Sungai Buloh for registration.
Hektar REIT allocates RM20m to upgrade Landmark Central
KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.
First LuLu store said to open in Malaysia soon
KUALA LUMPUR (April 25): After several delays, Middle Eastern retailer LuLu Group International is expected to commence operations of its first store in Malaysia in May or at the latest by early June, in time to capture the Hari Raya shoppers, said sources.
