1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
Kulim acquires land from Johor Corp for RM17.93m
KUALA LUMPUR (Dec 7): Kulim (Malaysia) Bhd (Kulim) proposed to acquire a 14 acres of Johor industrial land from Johor Corp Bhd (JCorp) for a total consideration of RM17.
Much of Penang TMP riding on results of due process, says Gamuda chief
KUALA LUMPUR (Dec 7): The successful implementation of the RM27 billion Penang Transport Master Plan will be pretty much dependent on the outcome of the due process exercise on the plan, says Gamuda Bhd group managing director Datuk Lin Yun Ling (pictured).
E&O subsidiary secures RM1.084 bil loan for Penang's STP2 reclamation project
KUALA LUMPUR (Dec 7): Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Bhd (E&O), has secured RM1.
1MDB close to finalising sale of Bandar Malaysia, says report
KUALA LUMPUR (Dec 7): Debt laden 1Malaysia Development Bhd (1MDB) may soon be closing its final deal on the 60% stake of Bandar Malaysia’s project to remove its debt burden, according to a news report.
Perak halts land clearing in mangrove reserve
IPOH (Dec 7): The Perak government has issued a stop work order pending investigation into land clearing on the fringe of the world-renowned Matang Mangrove Forest Reserve in Kuala Sepetang, Perak, according to Kuala Sepetang assemblyman Chua Yee Ling (pictured).
MQREIT’s proposed deal to be funded via equity and debt
MRCB-Quill Real Estate Investment Trust (Dec 4, RM1.
Penang Transport Master Plan welcomed, with caveats
PENANG (Dec 7): Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project.
TLC brings Branz Shibuya Tokiwamatsu to KL
WHEN it comes to choosing a foreign destination to invest in property, Japan would not typically be the first country Malaysians think of.