News about es

PETALING JAYA (Feb 24): IOI Properties Group Bhd’s proposed joint venture in the Marina Bay financial district has faced challenges in obtaining longer-term financing and fulfilling specific conditions precedent, reported The Edge weekly, citing sources.

KUALA LUMPUR (Feb 23): Tadmax Resources Bhd, whose losses widened in the first nine months of 2017, expects to be on a better footing this year with the bulk of the group’s short-term financial commitments largely resolved.

PETALING JAYA (Feb 23): A single-storey bungalow occupying a freehold parcel as big as half a football field in land-scarce Singapore that was the subject of a fraught court battle between a former China tour guide and a wealthy widow has been put on the market, where it is expected to fetch S$35 million (RM104 million or RM3,254 psf), reported The Straits Times.

KUALA LUMPUR (Feb 23): Seacera Group Bhd is acquiring a 70% stake in a firm that has been awarded a RM338 million roadwork contract in Pahang.

PETALING JAYA (Feb 23): More than 300 real estate industry players across Malaysia and overseas are expected to attend the upcoming Malaysian Annual Real Estate Convention 2018 (MAREC’18) on March 2 and 3 at Sime Darby Convention Centre, Kuala Lumpur.

KUALA LUMPUR (Feb 23): Having developed four projects in Singapore, GCI Development Sdn Bhd has made its debut in Malaysia with a boutique development comprising eight luxury villas in Taman Bukit Desa, Kuala Lumpur.

Rented for: RM18,000 Concluded by: Brandon Ann (REN 19897, 012-215 6317) of MIP Properties and Ahmad Firdaus (REN 15800, 016-217 9896) of Nilai Harta Consultant When: December 2017 Noteworthy: ● Freehold ● Land area: 22,200 sq ft ● Built-up area: over 10,000 sq ft ● 9 + 1 bedrooms and 9 bathrooms ● Partly-furnished with water heaters, lamps, kitchen cabinets, ceiling fans, curtains and air-conditioning units ● Facilities include swimming pool, guest house, entertainment hall and garden This large house is in Damansara Heights, an established suburb that features landed homes, office towers, shoplots, and various amenities.

KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).

KUALA LUMPUR (Feb 22): The proposed sale of an eight-storey building or 'Building 2' to Ibraco Bhd's major shareholder Hiap Ghee Seng Sdn Bhd (HGS) for RM25.

KUALA LUMPUR (Feb 22): Securities Commission Malaysia (pictured) today charged two individuals at the Kuala Lumpur Sessions Court for insider trading involving the shares of Johor Land Bhd (JLand) in 2009.