Highland Towers name will remain after redevelopment
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.
CapitaLand REIT is reportedly eyeing office tower owned jointly by Malaysia and Singapore state funds
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.
Ex-Goldman banker Roger Ng appeals for bail before extradition to US
KUALA LUMPUR (March 19): Ex-Goldman Sachs banker linked to the 1Malaysia Development Bhd scandal, Roger Ng, is attempting a second bite of the cherry by appealing at the High Court for bail be granted before his extradition to the United States.
Investors believed to be comfortable with Matrix’s IFD project in Jakarta
Matrix Concepts Holdings Bhd (March 18, RM1.
AG: Absurd for Najib to claim breach of natural justice
PUTRAJAYA (March 18): Attorney General Tommy Thomas denied that there was a breach of natural justice on former premier Datuk Seri Najib Abdul Razak, as claimed by his lead counsel in the SRC International Sdn Bhd case.
Analysts say TM's sale of non-core assets is necessary
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.
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PAC’s findings on white elephant marinas to be tabled soon
PETALING JAYA (March 18): The Public Accounts Committee (PAC) will be tabling its findings on the marina projects totalling RM323.
Matrix Concepts' launch of Indonesian development a positive move, say analysts
KUALA LUMPUR (March 18): Matrix Concepts Holdings Bhd's launch of its Icon Twin Towers in Jakarta's Islamic Financial District (IFD) in the second half of 2019 (2H19) has been seen as a positive development by analysts.
TM to sell more buildings, says report
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.
Matrix Concepts’ Indonesian JV to kick off in two months
KUALA LUMPUR (March 18): It has been nearly a year since Matrix Concepts Holdings Bhd announced its plan to jointly develop an Islamic financial district in Pantai Indah Kapuk 2 (PIK 2), Jakarta, Indonesia with an Indonesian consortium comprising PT Bangun Kosambi Sukses (BKS) and PT Nikko Sekuritas Indonesia (NSI).
