Crest Builder bags RM155m job from Glomac Segar
KUALA LUMPUR (Oct 15): Crest Builder Holdings Bhd's subsidiary Crest Builder Sdn Bhd (CBSB) has bagged a RM155.
Najib's suit against Pua stays withdrawn but latter entitled to damages
KUALA LUMPUR (Oct 15): Damansara Member of Parliament Tony Pua had today managed to set aside the injunction imposed on him by Datuk Seri Najib Abdul Razak in a suit filed by the former prime minister against Pua in relation to 1Malaysia Development Bhd (1MDB) and the proposed amendment to the Syariah Courts (Criminal Jurisdiction) Act 1965 by PAS.
WeWork to open three new locations in Singapore before end-2019
SINGAPORE (Oct 15): Co-working space operator WeWork announced on Oct 10, the official launch of its new space at MYP Centre on 9 Battery Road in Raffles Place.
Agile Embassy Garden to transform the skyline of KL's Embassy Row
PETALING JAYA (Ocy 15): Agile Property Development Sdn Bhd will be unveiling its third project in Malaysia, Agile Embassy Garden in Jalan Ampang, Kuala Lumpur soon.
Axis REIT to buy property in Johor for RM65m cash
KUALA LUMPUR (Oct 15): Axis Real Estate Investment Trust (REIT) is planning to acquire a single-storey warehouse-cum-office building in Johor for RM65 million cash, from Rancak Beta Sdn Bhd.
Shafee accuses Shahrol of being in cahoots with Jho Low
KUALA LUMPUR (Oct 15): Lead defense counsel Tan Sri Muhammad Shafee Abdullah has alleged former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi had conspired with alleged “puppetmaster” Low Taek Jho to obstruct an audit by the National Audit Department (NAD) into the state-owned fund in 2010.
G3 says yet to receive decision from TPM on bid for land to develop AI park
KUALA LUMPUR (Oct 14): G3 Global Bhd said it has submitted a tender offer to Technology Park Malaysia for the development of a piece of land there, but has yet to receive any official decision on the matter.
Landmark court decision: Charge according to fixed formula for all in mixed-use property
PETALING JAYA (Oct 14): It is welcomed news for those owning properties in mixed development projects where they have to pay different rates of maintenance or service charges.
Insurance instead of security deposits for tenants
As property values have skyrocketed beyond the means of many ordinary citizens of many countries, and as even paying for the deposits required for renting a property becomes a burden that many cannot carry, the question that one individual has answered is: how do you make rental housing more affordable? A start-up has managed to make things cheaper immediately, by eliminating the security deposit.
Great toll deals for Gamuda but valuations have run ahead of fundamentals: AmInvesment
KUALA LUMPUR (Oct 14): AmInvestment Bank Bhd has maintained its "underweight" call on Gamuda Bhd at RM3.
