Berjaya Media to be delisted on Friday

KUALA LUMPUR (July 15): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.

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DBE Gurney to beef up affordable housing arm

KUALA LUMPUR (July 14): DBE Gurney Resources Bhd, soon to be known as Lagenda Properties Bhd, will be significantly scaling up its affordable housing development arm by acquiring the developer of two housing projects.

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Pandemic puts downward pressure on office rents and occupancy

KUALA LUMPUR (July 14): Knight Frank Malaysia expects the Covid-19 pandemic to exert downward pressure on rental and occupancy levels in the oversupplied Klang Valley office market as the gap between supply and demand continues to widen amid weaker office demand and shrinking pool of tenants, it said in its latest Real Estate Highlights for 1H2020.

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