BlackRock sells DoubleTree hotel in KL for RM388 mil

KUALA LUMPUR (April 10): BlackRock Inc, the world’s largest asset manager, has finally found a buyer for its 540-room DoubleTree by Hilton Kuala Lumpur hotel in Singapore-based Royal Group Holdings — owned by tycoon Asok Kumar Hiranandani — more than a year after it was put on the market.

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Mah Sing bags two international awards

KUALA LUMPUR (April 9): Mah Sing Group Bhd was recently awarded two international awards – Best Company for Leadership Property Development Award in the real estate category by the International Alternative Investment Review (IAIR) and Malaysia’s Best Employer Brand Awards by the Employer Branding Institute.

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PUNB offers land financing for entrepreneurs

KUALA LUMPUR (April 8): Perbadanan Usahawan Nasional Bhd (PUNB) will be offering an easy financing scheme for Bumiputera entrepreneurs to own their own premises for business activities across townships in the country.

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Don’t impose GST on bricks, steel and cement, says Rehda

KUALA LUMPUR (April 5): The Real Estate Housing and Developers’ Association (Rehda) urged the government to exclude core construction materials such as bricks, steel and cement from the goods and services tax (GST) during the Malaysia Property Expo Klang Valley 2015 (Mapex-Klang Valley 2015) today.

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