Sentoria risks June 16 delisting after failure to submit regularisation plan
KUALA LUMPUR (June 5): Sentoria Group Bhd (KL:SNTORIA) is at risk of being delisted on June 16, after the developer failed to submit its regularisation plan by June 3.
KIP REIT submits listing application for proposed placement; Klang property SPA terminated
KUALA LUMPUR (June 4): KIP Real Estate Investment Trust (KIP REIT) has submitted a listing application to Bursa Malaysia Securities Bhd in connection with its proposed placement of new units.
OCR Group extends deadline for Chester Properties stake acquisition by two months
KUALA LUMPUR (June 4): OCR Group Bhd has extended the heads of agreement (HOA) deadline for its proposed acquisition of a 49% equity interest in Chester Properties Sdn Bhd by two months, allowing the parties additional time to negotiate and finalise the definitive agreement.
YLI to dispose of Penang industrial land for RM28.5 mil, book RM6.8 mil gain
KUALA LUMPUR (June 4): Pipe manufacturer YLI Holdings Bhd (KL:YLI) is selling two industrial land parcels in Prai, Penang, for RM28.
SkyWorld unveils 15-year plan to become Top 30 Southeast Asian developer by 2040
PETALING JAYA (June 3): SkyWorld Development Bhd has unveiled “SkyWorld 2040”, a 15-year long-term strategic plan aimed at positioning the group among Southeast Asia’s top 30 property developers by 2040.
T7 Global acquires KL Trillion office unit in RM1.6 mil related-party deal
PETALING JAYA (June 3): T7 Global Bhd’s wholly owned subsidiary T7 Property Sdn Bhd has entered into a sale and purchase agreement to acquire an office unit at KL Trillion, Jalan Tun Razak, Kuala Lumpur, from Tan Kay Shen for RM1.
Penang mulls fire safety improvements for old, heritage buildings
GEORGE TOWN (June 3): Penang will review possible improvement measures, including strengthening compliance with fire safety requirements for old and heritage buildings, following the fire at the Odeon building on Jalan Penang here, which claimed the life of a Myanmar construction worker last Saturday.
Nga calls for greater emphasis on arts, culture in urban development
IPOH (June 3): A city cannot thrive on physical infrastructure alone as arts, culture and human connection are equally important in creating communities with a sense of belonging and identity, says Housing and Local Government Minister Nga Kor Ming.
Sarawak longhouses have unique advantage as community tourism products, says Tiong
KUALA LUMPUR (June 3): Sarawak longhouses have unique advantages that make them ideal community-based tourism products, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.
Ampang Line to operate in 'temporary mode' from today
KUALA LUMPUR (June 3): The Ampang Line will operate in a temporary mode from today after major repair works following last week's incident at the Chan Sow Lin Station.
