The RuMa Hotel targets to open for business in 2Q2018
PETALING JAYA (July 28): Jointly developed by Ireka Corp Bhd and Aseana Properties Ltd, The RuMa Hotel and Residences at Jalan Kia Peng, Kuala Lumpur is due to open for business in 2Q2018, said Ireka in a statement today.
Two ex-real estate execs arrested in connection with Felda's London hotel purchase
(July 22): Two ex-real estate executives who were involved in Felda Investment Corporation's (FIC) purchase of the four-star Kensington Hotel in London have been arrested by the Malaysian Anti-Corruption Commission (MACC).
Rahim & Co celebrates 40 years in property consultancy
PETALING JAYA (July 21): Property consultancy firm Rahim & Co International Sdn Bhd has recently hosted an anniversary dinner at Shangri-la Hotel Kuala Lumpur to celebrate 40 years of business in the property industry.
Yong Tai active, up 3.57% on condotel plan
KUALA LUMPUR (July 18): Property developer Yong Tai Bhd’ shares rose 3.
Ascott group acquires additional 60% stake in Quest Apartment Hotels for S$191 mil
SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).
E&O to sell Lone Pine Hotel in Penang for RM85 mil
KUALA LUMPUR (June 19): Eastern & Oriental Bhd (E&O) is divesting one of its subsidiaries, E&O Express Sdn Bhd (EOE), which owns and operates the Lone Pine Hotel in Batu Feringghi, Penang, for RM85 million.
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for S$148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
MPHB Capital expands property segment
AMPANG (May 29): MPHB Capital Bhd is expanding its property investments to grow the company's earnings.
