M101 Group emerges as substantial shareholder in Meda Inc
KUALA LUMPUR (June 13): The founder and chief executive officer of M101 Group of Companies Datuk Seth Yap Ting Hau has emerged as a major shareholder with 25.
Penang approves Love Lane shophouse transfer to association
PETALING JAYA (June 13): The Penang state government has approved the transfer of ownership of a heritage shophouse in George Town to the Penang Chinese Clans Council (PCCC), ending a row over the historical property between both parties.
Aspen associate GVL buys 71-acre Shah Alam land for proposed logistics, e-commerce hub
KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.
Delay eviction please, says Jamal
KUALA LUMPUR (June 13): “Give me time to find new location,” said Red Shirts leader Datuk Seri Jamal Md Yunos (pictured) in response to an eviction order on Restoran Gabungan NGO 1 Malaysia (RGN1M) in Jalan Pahang, Kuala Lumpur.
Owns only one, not 64 plots, says YWP
KUALA LUMPUR, June 13 — Yayasan Wilayah Persekutuan (YWP) said it owns only one plot of Kuala Lumpur City Hall (DBKL) land and not all the 64 lots, as claimed by Kepong Member of Parliament Lim Lip Eng.
House foreign workers in hostels, not public housing
Petaling Jaya (June 13): Penang has called on the new Housing and Local Government Minister Zuraida Kamaruddin to build hostels for foreign workers in areas where they are employed in large numbers, such as production-driven maufacturing sites.
TTDI vs DBKL: new court date fixed in Sept
PETALING JAYA (June 13): The next hearing for the judicial review of the development at Taman Rimba Kiara (TRK) has been fixed at Sept 26 and 27 at the Kuala Lumpur High Court.
'Private land leasing for housing' idea first mooted by Iskandar Investment
PETALING JAYA (June 13): Iskandar Investment Bhd (IIB), a strategic developer of Medini in Johor, had brought up the idea of a scheme to allow private companies to lease out freehold land for housing development, back in 2012, reported SunBiz.
‘Uncertainty over Felda board puts KLVC probe on hold’
KUALA LUMPUR: Investigations into the Kuala Lumpur Vertical City (KLVC) development are being held up by uncertainties about project owner Federal Land Development Authority’s (Felda) board of directors, according to sources, following the change in government after the May 9 national polls.
Tiger Synergy undertakes RM22m property project in Klang
KUALA LUMPUR (June 12): Tiger Synergy Bhd is to undertake a RM22.
