MQREIT’s net lettable area expiry well spread
MRCB-Quill Real Estate Investment Trust (Aug 3, RM1.
Tadmax to become a pure property and power play
TADMAX Resources Bhd managing director Datuk Seri Anuar Adam, a retired major of the Malaysian army, will focus on transforming the loss-making company into a property and power generation player after cleaning its books for the past five years.
Mammoth Empire plans bonds to raise working capital
MAMMOTH Empire Holdings Sdn Bhd, the property developer and asset manager behind Empire Shopping Gallery in Subang, Selangor, plans to raise funds through a maiden issue of bonds.
Sunway Property to enhance presence in Penang with new HQ
PETALING JAYA (Aug 3): Sunway Bhd’s real estate arm Sunway Property is setting up a regional office and sales gallery in the northern state of Malaysia, Penang, which is scheduled for completion in April 2017, the developer said in a statement yesterday.
JB City Council to relocate HQ to Astaka's One Bukit Senyum project
KUALA LUMPUR (Aug 3): Johor Bahru's City Council (MBJB) intends to collaborate with Singapore Exchange-listed property developer Astaka Holdings Ltd in relocating the city council's new headquarters to a new central business district in Johor, One Bukit Senyum (pictured) (OBS).
M-REIT managers welcome SC’s planned amendments to REIT guidelines
KUALA LUMPUR (Aug 3): The Malaysian REIT Managers Association (MRMA) welcomes the proposed amendments to the Guidelines on Real Estate Investment Trusts (REITs Guidelines) issued by the Securities Commission Malaysia (SC), through the Public Consultation Paper No.
KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
O&C Resources unit gets RM101.08 mil PR1MA deal in Melaka
KUALA LUMPUR (Aug 3): O&C Resources Bhd’s unit has clinched a RM101.
TSR aims to secure 10% of jobs tendered
KUALA LUMPUR (Aug 3): TSR Capital Bhd, which currently has an order book of RM800 million, is tendering RM5 billion worth of construction projects, including the Damansara-Shah Alam Elevated Expressway, Sungai Besi-Ulu Klang Elevated Expressway, and mass rapid transit and light rail transit 3 projects.
No public involvement in MRT trial run, says MRT Corp
KUALA LUMPUR (Aug 3): No members of the public will be involved in the three-month trial run of Phase 1 of the mass rapid transit Sungai Buloh-Kajang Line (MRT Line 1) that is slated to begin on Oct 1, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
