AQRS to get RM500 mil SUKE subcontract
Gabungan AQRS Bhd, a mid-size construction and property development company, is getting a RM500 million subcontract for the CA3 portion of the Sungai Besi-Ulu Kelang Expressway (SUKE).
IGB to sell Renaissance KL for RM765 mil
KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.
KAF raises Mah Sing’s earnings forecast, target price
KUALA LUMPUR (Aug 15): KAF Research Sdn Bhd has raised its target price (TP) and earnings forecast for Mah Sing Group Bhd to factor in the stellar take-up rate for the property group’s cornerstone developments.
‘Renaissance KL deal likely to be sealed this week’
KUALA LUMPUR (Aug 15): After more than a decade of seeking, property developer cum hotel owner and operator, IGB Corp Bhd, has finally found a buyer for its 910-room Renaissance Kuala Lumpur (pictured), and a sale and purchase agreement for the biggest ever hotel deal is expected to be inked as early as today, sources say.
Unfinished symphony
A HOME OFFICE should be a place where you feel inspired and also offers an element of comfort.
Penang to decide on proposal to revise density guidelines soon
PETALING JAYA: The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.
Sunway seeks opportunities amidst an economic downturn
PETALING JAYA (Aug 13): Some developers might be deterred by the sluggish property market by pushing back their launches but Sunway Property, the property development arm of Sunway Bhd, sees opportunities in the downturn.
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Proposed office development on Desa Sri Hartamas open car park
PETALING JAYA (Aug 12): A 33-storey office block has been proposed for the open car park site in Desa Sri Hartamas (pictured) located at Jalan 19/70A.
Penang on fact-finding mission on rent-control policy
PETALING JAYA (Aug 12): The Penang state government is on a fact-finding mission to pin point the possible impact of a rental hike on its pre-war buildings in George Town.
Let’s ride on the Pokémania wave and ‘catch ’em all’!
THE Pokémon Go wave has finally hit our shores! Those who dismissed this pop culture phenomenon as a mere game may need to reconsider their stance and instead think about how they can tap into the hype surrounding it.
