News about i

KUALA LUMPUR (July 28): Former Prime Minister Datuk Seri Najib Abdul Razak said that he is ready to face whatever may come at the SRC International Sdn Bhd trial verdict today.

KUALA LUMPUR (July 28): Parkson Holdings Bhd’s unit, Parkson Haipong Co Ltd, has proposed to dispose of Parkson TD Plaza Shopping Center in Hai Phong, Vietnam for US$10 million (RM42.

KUALA LUMPUR (July 28): The Ministry of Health (MoH) will discuss with airline companies whether to conduct Covid-19 screenings on passengers who transit through Malaysia.

  PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.

PETALING JAYA (July 27): Despite government incentives in economic packages and economic recovery plans, Nawawi Tie Leung Property Consultants anticipated that more residential properties are expected to be offloaded in the market as loan moratorium period ceases in end-September.

KUALA LUMPUR (July 27): Property developer SC Estate Builder Bhd said its wholly-owned unit SC Estate Industries Sdn Bhd had agreed to accept 21 pieces of freehold land with buildings as settlement of a RM2.

KUALA LUMPUR (July 27): Integrated industrial space solution provider AME Elite Consortium Bhd intends to invest RM25 million in capital expenditure (capex) to build two new blocks of i-Stay@Indahpura workers’ dormitories to support the requirements of customers in its i-Park@Indahpura industrial park in Kulai, Johor.

PETALING JAYA (July 27): LBS Bina Group Bhd (LBS) is looking at launching projects worth an estimated RM3 billion in gross development value (GDV) over the coming nine months, said the company managing director Tan Sri Lim Hock San (pictured).

PETALING JAYA (July 27): Due to the Covid-19 pandemic and the ensuing Movement Control Order (MCO), LBS Bina Group Bhd (LBS) has revised its 2020 sales target to RM1 billion from the previously set figure of RM1.

PETALING JAYA (July 27): Petaling Jaya City Council (MBPJ)’s decision on cutting trees for road widening works at Jalan University has sparked outrage of the residents who are staying nearby, according to a report by The Star.