First international hotel chain in Seberang Perai
MAINLAND Penang will soon have its first international hotel chain, thanks to Exopuri Development Sdn Bhd.
Talam Transform sells its 85% stake in Chinese unit for RM55 mil
KUALA LUMPUR (Jan 6): Talam Transform Bhd is selling its 85% stake in a Chinese unit that owns part of a defunct hotel in Jilin, China for RMB84.
M101 Dang Wangi set to be handed over by 2H2017
PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.
Banyan Tree enters into strategic collaboration with AccorHotels
SINGAPORE (Dec 8): Banyan Tree Holdings announced that it has entered into a strategic collaboration with hotel giant AccorHotels which is investing S$24 million in the operator of luxury resorts.
Forest City to contribute RM66 bil in tax revenue
ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.
Al-Aqar sells Johor Bahru properties
KUALA LUMPUR (Nov 14): Al-Aqar Healthcare REIT is selling commercial properties in Johor Bahru for RM100 million to Optimum Impress Sdn Bhd.
KLCCP Stapled Group reports higher 3Q profit
KUALA LUMPUR (Nov 4): KLCCP Stapled Group has declared a higher income distribution for the third quarter ended Sept 30, 2016 (3QFY16) on the back of higher earnings.
Sunway REIT’s earnings boosted by retail segment
Sunway Real Estate Investment Trust (Oct 28, RM1.
Sunway REIT sees 6.8% NPI rise in 1Q on resilient retail, plans 2.27 sen DPU
KUALA LUMPUR (Oct 27): Sunway Real Estate Investment Trust (Sunway REIT) achieved a 6.
