DRB-Hicom swaps real estate for tracts in Tebrau

KUALA LUMPUR (March 9): DRB-Hicom Bhd intends to swap its real estate, including land and a golf resort in the Klang Valley, with its controlling shareholder Tan Sri Syed Mokhtar al-Bukhary (pictured) for industrial land in Tebrau, Johor, and RM288.

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JLL Malaysia: Fortunes diverge for Greater KL office segments in 2018

KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.

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TA Global says it has no dealings with Jared Kushner

KUALA LUMPUR (March 7): TA Global Bhd and its CEO Tiah Joo Kim have not been questioned by the FBI, nor do they have any business dealings with US President Donald Trump’s son-in-law Jared Kushner, according to the group’s statement yesterday.

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CIMB launches 1-Minute Home Financing

PETALING JAYA (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd has launched the 1-Minute Home Financing — a paperless service that enables approval of mortgages within a minute after submitting all information and relevant documents for a loan application — as part of its InstaApproval platform today.

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PPR tenants offered RTO scheme

KUALA LUMPUR (March 6): People's Housing Project (PPR) tenants will be able to buy their units through a rent-to-own (RTO) scheme, according to a Bernama report.

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