News about la

KUALA LUMPUR (Dec 19): The strategic collaboration between Amanah Raya Bhd and Japan’s largest independent real estate asset management company Kenedix Inc, will enhance its real estate investment trust (REIT) segment and double the fund size or asset value of AmanahRaya REIT (ARREIT) from RM1 billion to RM2 billion, within three to five years.

KUALA LUMPUR (Dec 19): TRIplc Bhd rose as much as 29 sen or 14% on news Puncak Niaga Holdings Bhd is purchasing the entire stake in TRIplc for RM210 million cash.

ON the weekend of Nov 19 and 20, GSH Corp launched in Singapore its maiden residential development, Eaton Residences, a high-end condominium in Jalan Kia Peng in Kuala Lumpur City Centre (KLCC).

KUALA LUMPUR: Modern Age Development Sdn Bhd is looking to hold a special preview for the second phase of its Tiara Hills development in Cheras, Kuala Lumpur.

The Selangor state government, in its effort to meet the current demand for affordable housing, has recently issued a mandate to property developers in Selangor to allocate up to 30% of their serviced apartment, Small-office Home-office (SoHo), Small-office Versatile-office (SoVo) and Small-office Flexible-office (SoFo) developments to affordable units, depending on property type and location.

PETALING JAYA (Dec 17): Best Western Hotels & Resorts has set another milestone in Asia — Hula Hula Resort & Spa located in Krabi has now been rebranded as the Best Western Hula Hula Ao Nang Resort.

KUALA LUMPUR: Puncak Niaga Holdings Bhd is buying over the business of construction firm TRIplc Bhd for RM210 million to enhance its construction segment's revenue and long-term growth prospects.

KUALA LUMPUR (Dec 15): Property developer JKG Land Bhd proposes a rights issue of 1.

KUALA LUMPUR (Dec 16): Engineering, construction and infrastructure player Gamuda Bhd's net profit came in largely flat in its first quarter with a slight dip in revenue as construction works for the MRT1 or MRT Line 1 tapers off.

KUALA LUMPUR (Dec 16): Kuala Lumpur is up 14 places to 192nd place on the list of most expensive cities for expatriates in ECA International's global ranking, according to its latest cost of living survey.