KUALA LUMPUR (Feb 19): Boustead Holdings Bhd announced today it is disposing of its Royale Chulan Bukit Bintang Hotel business to Singapore-based Hotel Royal Ltd for RM197 million.
GEORGE TOWN (Feb 19): The Penang South Reclamation (PSR) project will be presented at the National Physical Plan Council (MPFN) in April, state exco Jagdeep Singh Deo said today.
PUTRAJAYA (Feb 19): The Human Resources Ministry has called on employers to give a "preference for extension" for employment of workers who are above the retirement age of 60.
Video courtesy of Twinkle Lau KUALA LUMPUR (Feb 18): City folk had to report late to work and class this morning owing to a technical glitch between the Kelana Jaya and KLCC stations on the Kelana Jaya LRT (light rail transit) line.
PETALING JAYA (Feb 16): The lower plot ratios for property developments under the newly-gazetted Kuala Lumpur City Plan 2020 (KLCP 2020) will likely drive down the prices of development land in the capital as project densities – and consequently profitability – are reduced, reported The Edge Malaysia.
KUALA LUMPUR (Feb 16): Telekom Malaysia Bhd (TM) intends to dispose of two office towers that are adjacent to its headquarters Menara TM on Jalan Pantai Baharu, Kuala Lumpur.
KUALA LUMPUR (Feb 15): Real estate players are of the opinion that the 1km stretch closure to vehicles along Jalan Tuanku Abdul Rahman (TAR) would raise shop tenancy rates and revitalise the historical shopping thoroughfare.
GEORGE TOWN (Feb 15): Following a fall off the ferry during the journey from the Penang Island to the mainland, a passenger is feared to have drowned.
BUKIT JALIL: Having been rather quiet over the last two years, property developer Berjaya Land Bhd is expecting a busy 2019 with several development projects planned for launch this year.
KUALA LUMPUR (Feb 15): Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.
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