Paramount sells Kota Damansara land for RM92m
KUALA LUMPUR (Jan 2): Paramount Corp Bhd is disposing of two parcels of industrial land in Kota Damansara to an indirect wholly-owned subsidiary of Aluminium Co of Malaysia Bhd (Alcom) for RM92.
So long, farewell: Ampang Park shuts down
PETALING JAYA (Jan 2): New Year’s Eve proved bittersweet for the faithful patrons of Ampang Park Shopping Mall, a grand dame of Kuala Lumpur’s retail scene.
Ayala unit ups stake in MCT to 50.2%, expected to make offer for remaining shares
KUALA LUMPUR (Jan 2): MCT Bhd’s major shareholder Regent Wise Investment Ltd is raising its shareholding in the company to 50.
Noorazman Abd Aziz is UEM Group's chairman
KUALA LUMPUR (Jan 2): UEM Group Bhd has appointed Datuk Noorazman Abd Aziz (pictured) as chairman of the company effective immediately, replacing Tan Sri Dr Ahmad Tajuddin Ali, 69, who has retired after serving the group for more than 10 years.
IGB REIT expected to have lower rental growth
IGB Real Estate Investment Trust (Dec 29, RM1.
Faber Towers up for sale
PETALING JAYA (Dec 30): OSK Holdings Bhd has put Faber Towers in Taman Desa, Kuala Lumpur, on the market as it seeks to monetise some of its assets, reported The Edge.
趋势：柔佛和马六甲土地拍卖价量齐升
最新数据显示，商用产业发展项目出现供过于求的隐忧，拖累商用发展土地的需求减少，从而导致柔佛和马六甲的土地拍卖数量和价值，在2017年首9个月急剧攀升。 根据AuctionGuru.
Developers should check with Putrajaya before building high-end properties, says Finance Minister II
PETALING JAYA (Dec 29): Finance Minister II Datuk Seri Johari Abdul Ghani has told property developers to check with the Urban Wellbeing, Housing and Local Government before embarking on high-end property projects to avoid contributing to oversupply of this type of property.
Acoustech to develop luxury hotel, affordable apartments in Melaka with GDV of RM80.5m
KUALA LUMPUR (Dec 29): Acoustech Bhd plans to develop a five-storey luxury hotel and a block of affordable serviced apartment worth a combined gross development value (GDV) of RM80.
