Courtyard by Marriott opens new hotel in KL
The 278-key hotel features standard and deluxe rooms, one-bedroom suites and presidential suites.
Malton and RHB collaborate to offer green home financing for River Park
Through RHB’s innovative Green Home Financing programme, River Park buyers can enjoy a loan margin of up to 95%, along with a 5% MRTA/MRTT/FEC (Mortgage Reducing Term Assurance/Mortgage Reducing Takaful Term/Finance Entry Cost).
Perak Corp refutes claims of land losses due to unpaid rent
In a bourse filing, the Practice Note 17 (PN17) company stated that when the land confiscation occurred, Perak Corp had already derecognised the assets and liabilities of its wholly owned subsidiary PCB Development Sdn Bhd and PCB Development’s 51%-owned subsidiary Animation Theme Park Sdn Bhd from the consolidated statement of financial position as of Dec 20, 2021.
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina said the proposed disposal would result in a pro-forma disposal gain of about RM80 million, improve its net asset by about 10%, and reduce its gearing from 0.
KTI Landmark closes 5% below IPO price on ACE Market debut
It was among the top 20 active counters on the exchange, with 35.
Matrix Concepts seals second JV with NS Corp to develop MVV2.0 land in RM436m deal
Matrix Concepts said it had entered into a land development agreement with NS Corp for 1,000 acres (404.
Iskandar Investment partners TM-Nxera to develop RM9 bil AI-ready digital infrastructure in Iskandar Puteri
TM-Nxera is a joint venture between Telekom Malaysia (KL:TM) and Singapore Telecommunications Ltd (Singtel).
KTI Landmark to launch two residential projects in Sabah with GDV of RM600m by 2028
The two projects will provide earnings visibility of up to five financial years, the company noted.
UEM Sunrise sells remaining 40% stake in Johor unit to KLK for RM386.2 mil cash
UEM Sunrise is expected to recognise a net disposal gain of RM32 million.
Hon Choon Kim steps down as Matrix Concepts independent director after nine years
Hon's resignation comes as he reaches the maximum nine-year tenure allowed as the group's independent director since he was appointed in 2015, according to the property developer's stock exchange filing on Tuesday (June 18).
