News about l

KUALA LUMPUR (July 5): The latest industry briefing on the upcoming development of the 350km-long Kuala Lumpur-Singapore High Speed Rail (HSR) attracted close to 400 participants from 165 local and international and local entities, which was jointly organised by MyHSR Corp Sdn Bhd and Land Transport Authority of Singapore (LTA).

SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).

KUALA LUMPUR (July 5): The request for proposal (RFP) for the appointment of the master developer for the RM12.

KUALA LUMPUR (July 5): Iskandar Waterfront City Bhd (IWCity) and Iskandar Waterfront Holdings Sdn Bhd (IWH) extended the deadline to conclude their planned restructuring to Sept 4 this year, as IWH needed more time to finalise talks on the corporate exercise.

JAKARTA (July 5): Construction and property development player Bina Puri Holdings Bhd saw its 80%-owned Indonesian power subsidiary PT Megapower Makmur Tbk opening 70% higher from its offer price on its Indonesia Stock Exchange (IDX) debut today.

Mah Sing Group Bhd (July 4, RM1.

KUALA LUMPUR (July 5): Shares of Kumpulan Jetson Bhd fell 1.

KUALA LUMPUR (July 5): National House Buyers Association of Malaysia (HBA) said the middle-income group in Malaysia is in dire need of rent-to-own schemes, warning that the country could face a housing crisis in the form of a “homeless generation”.

MAINLAND Chinese co­working space provider UrWork has partnered Collective Campus, a start-up accelerator based in Australia and Singapore, to set up a 6,889 sq ft co-working space at JTC LaunchPad @ one-north, which was officially launched on June 23.

PETALING JAYA (July 4): A sound, innovative and coordinated public policy is needed to address the affordable housing challenge, said Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour in his keynote address at  the “Dialogue on Sustainable Development of Affordable Housing” organised by Cagamas Holdings Bhd in Kuala Lumpur today, He said a central authority could lead, oversee and coordinate affordable initiatives for the nation that would promote greater strategic and operational cohesion at the national level.