Deposit returned to IWH CREC

KUALA LUMPUR (May 12): IWH CREC Sdn Bhd has received the refund of RM741 million that it had paid as deposit to purchase a 60% equity stake in Bandar Malaysia Sdn Bhd for RM7.

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The office market situation in Malaysia

  The current oversupply of office buildings especially in the Klang Valley has been plaguing the industry in recent years, but are we seeing any light at the end of the tunnel? How attractive are we as an office destination to global businesses? At TheEdgeProperty.

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MK Land sells Perak land for RM72 mil

MK Land Holdings Bhd (May 9, 33 sen) Maintain neutral with an unchanged target price (TP) of 35 sen: MK Land Holdings Bhd has entered into two sale and purchase agreements with KL Teh Land and Development Sdn Bhd for the disposal of nine parcels of leasehold land for RM72 million.

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