News about la

  KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.

KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter.

PETALING JAYA (March 19): A change in the number of digits in account numbers owing to the introduction of a new online system recently resulted in some property owners having to go to a Selangor Land and Mines Office (PTGS) office to pay their quit rent.

KUALA LANGAT (March 18): The Kuala Langat and Kuala Selangor District Councils will be upgraded to municipal councils by this year, said Selangor Mentri Besar Amirudin Shari.

PETALING JAYA (March 18): Over 300 invited guests were entertained to a soulful afternoon with jazz singer Jasmine Chen of Crazy Rich Asians fame last Saturday.

KUALA LUMPUR (March 18): Telekom Malaysia Bhd (TM)'s sale of non-core assets is necessary for the group's further growth in light of its strategy and financial performance over the last year, say analysts.

KUALA LUMPUR (March 18): Telekom Malaysia Bhd (TM) wants to sell more buildings and landbank “to unlock the value of its assets”, reported The Star today “We are looking at various options to unlock the value of the buildings and land as we optimise our network.

KUALA LUMPUR (March 16): Manulife Asset Management Services Bhd (MAMSB) expects the Malaysian real estate investment trust (REIT) market to remain flattish this year, with yields of around 4%-5% due to an oversupply of the instrument in the market.

KUALA LUMPUR (March 16): Selangor Properties Bhd, whose controlling shareholder is in the midst of taking it private at RM6.