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Pavilion Real Estate Investment Trust (Dec 30, RM1.

Pavilion Real Estate Investment Trust (Dec 29, RM1.

KUALA LUMPUR (Dec 30): Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt.

KUALA LUMPUR (Dec 29): 1Malaysia Development Bhd (1MDB) is near to sealing an agreement with a prospective partner to sell 60% of its shares in Bandar Malaysia Sdn Bhd before the year ends.

Eversendai Corp Bhd (Dec 28, 79 sen) Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.

Penang's George Town has been named among the 16 "must-see" destinations for 2016 by the Los Angeles Times.

THE most anticipated property deal is the sale of Bandar Malaysia — the 486-acre township planned at the site of the old Sungai Besi airport.

Government agencies should freeze the payment of contractors who do shoddy patching up work that causes potholes in Petaling Jaya, Selangor, says Bukit Gasing assemblyman Rajiv Rishyakaran.

Government agencies should freeze the payment of contractors who do shoddy patching up work that causes potholes in Petaling Jaya, Selangor, says Bukit Gasing assemblyman Rajiv Rishyakaran.

Green bicycle lanes that have been painted on pavements across George Town are “a mistake”, city councillor Muhammad Bakhtiar Wan Chik has said.