Sinkhole scare in Klang

Dec 31

KLANG (Dec 31): With memories of the yellow Myvi that was swallowed up by a massive sinkhole in Kuala Lumpur a few weeks ago still fresh in the minds of city folk, another scarily big and deep one has appeared here yesterday.

E&O in JV with Japan's largest developer for RM348m luxury residences project

Dec 31

KUALA LUMPUR (Dec 31): Eastern & Oriental Bhd (E&O) and Mitsui Fudosan Co Ltd have inked a joint-venture (JV) agreement to develop luxury residences with a gross development value of RM348 million in Damansara Heights.

Are property developers 'disruptive' and flexible enough for the new decade?

Dec 31

PETALING JAYA (Dec 31): The word “disruption” might seem an overused term, but the rapid evolution of technology is changing the game rules of every industry, including the real estate sector.

YTL Hospitality REIT's FY20-21 earnings to grow 9%, says Affin Hwang

Dec 31

KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.

UPDATE: Parkson to quit MyTOWN Shopping Centre in February 2020

Dec 30

KUALA LUMPUR (Dec 30): Department store operator Parkson Corp Sdn Bhd — which shut the Suria KLCC store and the Parkson M Square Mall store in Puchong this year — is preparing to shut down its outlet in MyTOWN Shopping Centre, Cheras.

Smokers' rights group wants Health Ministry to extend moratorium to June 30

Dec 30

KUALA LUMPUR (Dec 30): Persatuan Kesedaran Perokok (Smokers' Right Association) chairman Mohd Hanizam Yunus wants the Health Ministry to postpone imposing the smoking ban that will be enforced at eateries nationwide on Wednesday (Jan 1) to June 30.

TA Securities: Possible privatisation of Tiong Nam in 2020

Dec 30

KUALA LUMPUR (Dec 30): TA Securities Holdings Bhd said today Malaysia's corporate actions in 2020 may include the privatisation of Tiong Nam Logistics Holdings Bhd by major shareholders based on the company's financial position, future cash requirement besides share price and public shareholding spread.

Parkson to shut MyTOWN store?

Dec 30

KUALA LUMPUR (Dec 30): Department store operator Parkson Corp Sdn Bhd — which shut the Suria KLCC store and the Parkson M Square Mall store in Puchong this year — appears to be preparing for the closure of its store in MyTOWN Shopping Centre, Cheras.