OCR’s The Pano tops-out
KUALA LUMPUR (Oct 7): The Pano luxury serviced residences developed by OCR Group of Companies are 86% sold to-date and marked its topping-out ceremony yesterday.
KPKT minister: Only four developers can carry out build-then-sell concept
KUALA LUMPUR (Oct 7): Just four developers in the country are able to carry out the build-then-sell (BTS) concept, Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican said in the Dewan Rakyat today.
SERC expects federal government debt ceiling to be raised to 65%
KUALA LUMPUR (Oct 7): Socio-Economic Research Centre (SERC) is calling for a pro-growth and transformational Budget 2022 by moving from a broad-based to targeted approach of fiscal expansionary spending, according to its executive director, Lee Heng Guie (pictured).
Hatten Land unit to develop token system in Melaka to create digital assets
KUALA LUMPUR (Oct 7): Singapore Exchange (SGX) Catalist-listed Hatten Land’s subsidiary Hatten Technology (S) Pte Ltd has inked a deal with Prakal Pte Ltd (also known as Enjinstarter) to develop a token system and create digital assets to promote the digital economy in Melaka.
Aspen Group reaches settlement of RM56.4m tax with IRB
KUALA LUMPUR (Oct 7): Aspen (Group) Holdings Ltd said its wholly-owned indirect subsidiary Aspen Vision Land Sdn Bhd (AVL) and three other subsidiaries of the group had entered into composite agreements with the director-general of the Inland Revenue Board (IRB) for a sum of RM56.
79 abandoned housing projects currently, says Reezal Merican
KUALA LUMPUR (Oct 7): Among the leading causes of abandoned projects in Peninsular Malaysia are weak financial positions of developers involved and weak project viability, said Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican (pictured).
88.8% of adult Malaysians fully vaccinated as of Oct 6
KUALA LUMPUR (Oct 7): Malaysia had administered a total of 45.
Malaysian retail industry grew 3.4% y-o-y in 2Q2021
KUALA LUMPUR (Oct 7): The Malaysian retail industry recorded a positive growth rate of 3.
Country Heights chairman to inject assets worth RM554m into group
KUALA LUMPUR (Oct 7): Country Heights Holdings Bhd has entered into five heads of agreements (HoAs) to acquire assets from its executive chairman and controlling shareholder Tan Sri Lee Kim Yew’s private investment holdings.
UEM Sunrise undertakes sukuk programmes with combined limit of RM4b
KUALA LUMPUR (Oct 7): Property developer UEM Sunrise Bhd has lodged information with the Securities Commission regarding its Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP) programmes with a combined aggregate limit of up to RM4 billion in nominal value.
