PNB arrangement seen unlocking Media Prima’s property value
Media Prima Bhd (Sept 3, 45 sen) Maintain neutral with a higher target price of 49 sen: Media Prima Bhd’s second quarter of the financial year ended June 30, 2018 (2QFY18) revenue grew 4.
Menara UOA Bangsar former management committee resumes duty as temporary caretaker
PETALING JAYA (Sept 3): The former management committee of Menara UOA Bangsar was instructed by Dewan Bandaraya Kuala Lumpur's Commissioner of Buildings (COB) to resume their duty as interim caretakers of the building for two months, according to Henry Butcher Malaysia (Mont Kiara) Sdn Bhd executive director Low Hon Keong.
Azmin: HSR on hold “indefinitely”, S'pore won't need compensation
PETALING JAYA (Sept 3): The Kuala Lumpur-Singapore High-Speed Rail (HSR) will be postponed indefinitely and Malaysia will not be required to pay Singapore compensation during the period, said Minister of Economic Affairs Datuk Seri Azmin Ali.
Law-abiding motorists to be rewarded, rule-breakers will get no discounts on samans
Transport Minister Anthony Loke, speaking to Malaysiakini, said that the ministry will discuss the plan to give prudent drivers discounts on their insurance, with the General Insurance Association of Malaysia soon.
Plaza Rakyat lot owners: Why is DBKL ‘no longer involved’ in 20-year stalled project?
KUALA LUMPUR (September 3): Plaza Rakyat lot owners are unhappy that Kuala Lumpur City Hall (DBKL) has “washed its hands of” compensation of the stalled project.
Ivory Properties set to be back in the black
GEORGE TOWN: Ivory Properties Group Bhd, which posted losses in the past two quarters, is confident of returning to profitability when three new projects in Penang come on stream.
Govt to develop guidelines for foreign ownership of Forest City properties
PETALING JAYA (Sept 2): Putrajaya will come up with more explicit guidelines related to foreign purchases of properties into the RM410 billion-Forest City in Johor to help investors avoid making risky decisions, said Housing and Local Government Minister Zuraida Kamaruddin.
Forest City residential units offered in exchange for investments in China, says Azmin
KUALA LUMPUR (Sept 1): Economic Affairs Minister Mohamed Azmin Ali (pictured) has revealed why the government is scrutinising the Forest City mega project in Johor.
KPKT to meet Forest City developer
KUALA LUMPUR (Sept 1): The Housing and Local Government Ministry (KPKT) will meet with the developer of the Forest City megaproject project on Monday to learn more about the project, its minister Zuraidah Kamaruddin (pictured) revealed today.
Titiwangsa Lake closes for a year for facelift
KUALA LUMPUR (Sept 1): Titiwangsa Lake/Park (pictured) here will be closed to the public for one year from today to facilitate upgrade works as part of Kuala Lumpur's River of Life project.
