Affin Bank buys land from 1MDB

KUALA LUMPUR (Aug 11): Affin Bank Bhd, which is controlled by Lembaga Tabung Angkatan Tentera (LTAT), is paying RM255 million cash to buy a parcel of land in the Tun Razak Exchange (TRX) — a property development project wholly owned by 1Malaysia Development Bhd (1MDB).

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Hua Yang launches first MyHome project

PERAK (Aug 10): Hua Yang Bhd has officially launched the first phase of its Seri Andaman homes on Saturday, which is also the group’s first property offering under the government’s MyHome scheme.

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Abandoned hotel project in KL may be revived

EFFORTS to revive a stalled project located on a prized piece of land at the junction of Jalan Ampang and Jalan Sultan Ismail Kuala Lumpur — which was once earmarked for The Grand Duta Hyatt Hotel — appear to have been re-mobilised.

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