Tropicana divests 55% stake in Tropicana Ivory for RM70.7m
KUALA LUMPUR (Oct 26): Tropicana Corp Bhd’s wholly-owned subsidiary Tropicana Development (Penang) Sdn Bhd (TDP) is disposing of its 55% stake in Tropicana Ivory Sdn Bhd (TISB) for RM70.
Wanted: A revolutionary way for people to own homes
Rising property prices and inflation are natural in a growing economy.
'Being a landlord is a full time-job'
The property investment landscape in Malaysia is no longer what it used to be.
Sunway forms JV with MKH to undertake RM504m mixed development in Kajang
KUALA LUMPUR (Oct 26): Sunway Bhd has formed a joint venture with MKH Bhd to undertake an RM504 million transit-oriented freehold mixed development on a 5.
Gamuda, MMC shares rise on MoF nod to continue MRT2 underground portion
KUALA LUMPUR (Oct 26): Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project.
Perak launches first phase of Perakku housing scheme
KUALA LUMPUR (Oct 26): We have heard of the Rumah Selangorku housing scheme and not to be outdone, the Perak government has launched the first phase of the “Perakku” housing programme.
Developer: Allow temple relocation, rule of law needs to be respected
PETALING JAYA (Oct 26): One City Development Sdn Bhd, owner of the land the Seafield Sri Maha Mariamman Temple in USJ 25 occupies, has agreed to postpone taking possession of the land to Nov 22.
DBKL to confiscate assets from premises owing assessment tax
KUALA LUMPUR (Oct 26): City Hall (DBKL) will confiscating movable properties from premises with outstanding assessment arrears from this month until Dec 31, says a report from The Star.
MoF: MMC-Gamuda to continue underground MRT2, costs cut to RM13.11b
KUALA LUMPUR (Oct 26): The Ministry of Finance has announced that MMC-Gamuda KVMRT (T) Sdn Bhd will remain the contractor for the underground works portion of the MRT Sungai Buloh-Serdang-Putrajaya line (MRT2) -- now at an even lower cost of RM13.
