News about i

KUALA LUMPUR (April 29): Information technology and property construction company Vortex Consolidated Bhd is acquiring 187 units of serviced apartments in an on-going property development called Antara @ Genting Highlands in Pahang that is undertaken by Aset Kayamas Sdn Bhd for RM246.

KUALA LUMPUR (April 29): RHB Retail Research said Sunway Real Estate Investment Trust is set to propel northwards, after experiencing a technical breakout above RM1.

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KUALA LUMPUR (April 28): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is inviting prospective companies to participate in the request for proposal (RFP) for the Mass Rapid Transit 3 (MRT3) Circle Line project management consultancy services work package.

PUTRAJAYA (April 28): The lawyer for government-linked foundation Yayasan Wilayah Persekutuan (YWP) said the Court of Appeal (COA) was wrong in finding that there was a conflict of interest in having the Kuala Lumpur mayor and federal territories minister on the board of trustees of YWP when a development order (DO) was issued by the Kuala Lumpur City Hall (DBKL) to YWP and developer Memang Perkasa Sdn Bhd in developing the Taman Rimba Kiara land, the Federal Court heard on Thursday (April 28).

PETALING JAYA (April 28): Tropicana Corp Bhd has appointed HostAStay Sdn Bhd as its tenancy management service provider for TwinPines Serviced Suites in Tropicana Grandhill, Genting Highlands and Assana Serviced Suites in Tropicana Cenang, Langkawi.

KUALA LUMPUR (April 28): CapitaLand Malaysia Trust (CLMT) posted a 45% rise in net property income (NPI) to RM36.

KUALA LUMPUR (April 28): IGB Commercial REIT said it posted net property income of RM30.

KUALA LUMPUR (April 28): Property developer S P Setia Bhd has proposed to undertake a renounceable rights issue of new class C Islamic redeemable convertible preference shares (RCPS-i C) to raise up to RM1.

KUALA LUMPUR (April 28): Foo Ming Li, executive chairman of Top Builders Capital Bhd, formerly Ikhmas Jaya Group Bhd, has been redesignated as group chief executive officer of the piling and engineering group.