IBM to shut down Cyberjaya Global Delivery Centre on May 31
KUALA LUMPUR (March 23): IBM will be shutting down its Global Delivery Centre located in Cyberjaya, Selangor on May 31 — seven years after it was first opened in February 2014.
Suspension of Lay Hong's Jeram 1 farm lifted after DVS finds all farms free of Salmonella
KUALA LUMPUR (March 22): The suspension of Lay Hong Bhd's production from its Jeram 1 farm in Selangor was lifted today as all of the group's farms are declared free of Salmonella Enteritidis (SE).
Highway construction accident left three dead and one injured so far
KUALA LUMPUR (March 22): Another horrifying accident has claimed three lives and left one gravely injured when a tower crane along the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) construction fell right on a car passing by at the site near Puncak Banyan, Persiaran Alam Damai, Cheras this morning.
Widad calls off RM122m concession biz acquisition from Menang Corp
KUALA LUMPUR (March 19): Widad Group Bhd has called off the proposed acquisition of Inovatif Mewah Sdn Bhd for RM122 million from Menang Corp Bhd.
Semantan Estates’ lawyer says Kenari Maluri should not be allowed to be intervener in land dispute with government
PUTRAJAYA (March 19): Semantan Estates (1952) Sdn Bhd's lawyer Ira Biswas said today Kenari Maluri Sdn Bhd, a company that claims to represent the majority of Semantan Estates shareholders, should not be allowed to be an intervener in Semantan Estates' land dispute with the government because Kenari Maluri has no right to intervene as the company is not a shareholder in Semantan Estates.
Challenging year ahead for retail, hospitality segments, says KLCC REIT
KUALA LUMPUR (March 19): KLCC Real Estate Investment Trust (KLCC REIT), which is part of KLCCP Stapled Group with KLCC Property Holdings Bhd, foresees a challenging outlook for the retail and hospitality segments going into 2021, given the ripple effect from the Covid-19 pandemic.
Widad Group completes acquisition of UiTM concession holder Serendah Heights
KUALA LUMPUR (March 19): Widad Group Bhd has completed the acquisition of Serendah Heights Sdn Bhd (SHSB), boosting its order book to RM1.
EdgeProp Research: Price for semidees in Damansara Heights remained steady
The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.
Sheng Tai inks deal with IWG to open flexible workspace in Malaysia
KUALA LUMPUR (March 19): Property outfit Sheng Tai International Sdn Bhd (Sheng Tai) has inked an agreement with global workspace provider International Workplace Group plc (IWG) with brands including Regus and Spaces.
No GST or new additional tax for now, says Tengku Zafrul
KUALA LUMPUR (March 18): The federal government will not be introducing any new additional taxes for now as it is seeking ways to broaden its revenue post-pandemic, according to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
