First real estate equity crowdfunding in Malaysia
PETALING JAYA (Dec 2): Kellerhof International Sdn Bhd, which owns the master trademark licence for RE/MAX in Malaysia, is inviting interested investors to join the company through an equity crowdfunding exercise which offers up to 6% of the company’s shares to potential investors.
Building management key to value appreciation
PETALING JAYA (Dec 2): Maintaining a property is part and parcel of the investment required for the preservation and potential appreciation of the property, said Nippon Paint Group Malaysia managing director Yaw Seng Heng.
Najib launches PR1MA mobile application
KUALA LUMPUR (Dec 1): Prime Minister Datuk Seri Najib Tun Razak launched the PR1MA Corp Malaysia (PR1MA) mobile application, named “PR1MA app” that contains information about the PR1MA project, Bernama reported today.
Expert team to probe bridge collapse near Mid Valley Megamall, says Fadillah
KUALA LUMPUR (Dec 1): A special team made up of experts in the construction sector from various agencies will be formed to investigate the pedestrian bridge collapse incident near Mid Valley Megamall yesterday.
YTL Hospitality REIT fixes issue price of placement units at RM1.06 apiece
KUALA LUMPUR (Dec 1): YTL Hospitality Real Estate Investment Trust (YTL REIT) has fixed the issue price for 380 million placement units at RM1.
ML Global appoints new CEO
KUALA LUMPUR (Dec 1): ML Global Bhd has appointed Datuk Lim Lit Chek as executive director and chief executive officer (CEO) of the construction company, replacing Chew Wee Seong who has been redesignated as chief operating officer (COO).
Disruptive trends in the building and property industry
When Spotify emerged in 2006, music distribution businesses were sorely affected — after all, who would buy digital music for RM2 apiece when you could get it for free on Spotify? Then came Airbnb, which put a dent in the global hotel industry because now every home can double up as a hotel too.
UPDATE Pedestrian link collapse: Search and rescue ends with one unaccounted for
KUALA LUMPUR (Nov 30): Developer S P Setia Bhd has expressed its deepest regret on the pedestrian link bridge collapse tragedy which killed one worker, injured five others while another remains unaccounted for.