Semantan Estate: Court still wants parties to consider mediation, as decision on trespass compensation looms

KUALA LUMPUR (May 22): The High Court still wants the federal government and the liquidator of Semantan Estate (1952) Sdn Bhd to explore the possibility of mediation before the court delivers its decision on mesne profit (trespass compensation) to the company following the occupation of the now prime "Duta enclave" land it had deemed to have trespassed on since it was acquired in December 1956.

READ MORE

EXSIM Hospitality bags RM45m Summit Hotel USJ revamp job

KUALA LUMPUR (May 21): Hospitality operator EXSIM Hospitality Bhd (KL:EXSIMHB) has secured a RM45 million contract from AmFIRST Real Estate Investment Trust (AmFIRST REIT) (KL:AMFIRST) to redevelop Summit Hotel USJ in UEP Subang Jaya, Selangor, into a 17-storey hotel with three basement levels.

READ MORE