News about ev

KUALA LUMPUR (March 20): KLCCP Stapled Group Bhd is anticipating rental reversion in the financial year ending Dec 31, 2019 (FY19) to stay at about 1% to 2% as in FY18, given the now challenging environment.

China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies,  has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.

  KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.

PUTRAJAYA (March 15): Ex-premier Datuk Seri Najib Razak's lawyer Tan Sri Muhammad Shafee Abdullah told the Court of Appeal today that his client wanted another judge to hear his criminal breach of trust and abuse of power case in relation to SRC International Sdn Bhd or that he be given a discharge not amounting to an acquittal.

  PETALING JAYA (March 15): Kuala Lumpur will soon usher in a new skyscraper in the form of Singapore-listed developer Debao Property Development Ltd’s twin-tower residential high-rise called The Landmark@KL City.

PETALING JAYA: More developers are optimistic about the industry‘s performance and growth in the second half of this year (2H2019) although take-up rates for new launches are expected to remain at 50% and below.

  KUALA LUMPUR (March 14): The US Justice Department (DoJ) is investigating if fugitive financier Low Taek Jho had any part in financing President Donald Trump’s re-election campaign.

KUALA LUMPUR (March 13): Bank Pembangunan Malaysia Bhd has launched a RM1 billion fund to support the nation's sustainable development target by incentivising more companies to adopt sustainable practices in their business strategies and operations.

  KUALA LUMPUR (March 13): Former premier Datuk Seri Najib Razak today claimed trial at the High Court here to three counts of money laundering involving RM47 million in 1Malaysia Development Bhd's former subsidiary SRC International Sdn Bhd.

KUALA LUMPUR (March 13): JCY International Bhd (JCY) has agreed to receive 133.