Co-Prosperity increases stake in Yong Tai to 31.34%
PETALING JAYA (Aug 2): Tourism and cultural property developer Yong Tai Bhd has seen its major shareholder Co-Prosperity Holdings Ltd increase its stake in the former via a private placement exercise ahead of the Impression Melaka theatre’s scheduled opening in February 2018.
Chevron House in S'pore for sale from S$700 mil
SINGAPORE (Aug 2): Deka Singapore has put Chevron House at Raffles Place on the market at a guide price of more than US$700 million (RM434.
Largest resort in Port Dickson Lexis Hibiscus Port Dickson officially opens
PORT DICKSON (Aug 1): Hotel resort Lexis Hibiscus Port Dickson saw its official opening yesterday.
Perennial-led consortium mulls en bloc sale of AXA Tower for S$1.65 bil
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than S$1.
Metronic Global extends special audit period till Aug 19
KUALA LUMPUR (Aug 1): Metronic Global Bhd announced that it has extended the special audit it launched in May to review certain projects and transactions undertaken by the group till Aug 19.
Asia’s co-working players JustCo and naked Hub merge to fend off WeWork
MANY co-working operators do not really understand co-working, according to Kong Wan Sing, founder and CEO of JustCo, a home-grown serviced office and co-working operator.
MACC arrests former FIC CEO over London hotel purchase
KUALA LUMPUR (Aug1): The Malaysian Anti-Corruption Commission (MACC) yesterday arrested the former chief executive officer of Felda Investment Corp (FIC) to assist in the probe into the purchase of a hotel in Kensington, London, Bernama reported.
AWC bags RM42.4 mil facilities management job of govt complex in Putrajaya
KUALA LUMPUR (July 31): AWC Bhd has bagged a RM42.
Unqualified applicants awarded low-cost houses in Penang
GEORGE TOWN (July 31): Adherence to the terms and conditions of application for Low-Cost Housing Programs (PPKR) in Penang was not up to par, according to the Auditor-General's Annual report 2016 Series 1.
