BNM RM2b land an extension of Lake Gardens?
PETALING JAYA (Jan 6): Where exactly is the location of the tract Bank Negara Malaysia (BNM) is buying for RM2 billion? The landing, sprawling 55.
MoF may have bought 51% stake in TRX office tower developer, say sources
PETALING JAYA (Jan 6): The Minister of Finance (MoF) is believed to have acquired a 51% stake in Mulia Property Development Sdn Bhd, which is developing The Exchange 106 skyscraper — poised to be the tallest building in Southeast Asia — at the Tun Razak Exchange in Kuala Lumpur .
AMMB ends JV with ARA Asset, inks deal with Amcorp Prop to manage REIT
KUALA LUMPUR (Jan 5): AMMB Holdings Bhd is terminating its joint venture with Singapore-based ARA Asset Management (Malaysia) Ltd, and is instead signing a new agreement with Amcorp Properties Bhd to manage its real estate investment trust.
AmProp to pump €15 mil more into JV with Grosvenor Group in Spain
KUALA LUMPUR (Jan 5): Amcorp Properties Bhd (AmProp) has agreed to put an additional €15 million (RM72.
Vivocom active, jumps 7.41% on RM143 million contract
KUALA LUMPUR (Jan 5): Vivocom Intl Holdings Bhd jumped 7.
Najib appoints external audit firm to probe Felda’s KLVC project
KUALA LUMPUR (Jan 5): An external audit firm has been appointed by the Prime Minister’s Department to conduct a forensic audit on the Kuala Lumpur Vertical City (KLVC) project that is being developed on land owned by the Federal Land Development Authority (Felda).
i-City construction mishap kills one, injures three
PETALING JAYA (Jan 4): A crane component at the i-City construction site in Seksyen 7, Shah Alam, fell on four foreign construction workers, killing one and seriously injuring the rest, according to the Malay Mail Online.