KUALA LUMPUR (Dec 15): Youth and Sports minister Syed Saddiq Abdul Rahman has strongly criticised the Public Service Department’s (PSD) move to end the "critical service incentive" to doctors, nurses, engineers and other professionals entering the civil service starting from next year.
KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.
PETALING JAYA (Dec 23): Property consultancy Knight Frank Malaysia has listed development sites and industrial properties as the star performers in Malaysia's commercial property segment in 2019 based on their decent transaction value growth.
KUALA LUMPUR (Dec 23): Malaysia-based café operator OldTown Sdn Bhd should be held responsible for the damages and losses faced by China franchisees amid allegations of contract fraud involving ownership of the OldTown trademark there, franchisee Jiangsu G&L Food & Beverage Management Co Ltd (G&L) claimed today.
KUALA LUMPUR (Dec 23): Property developer GSB Group Bhd, which has been loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020 (FY20), driven by sales contribution from its three ongoing property projects.
AMPANG (Dec 23): The approval for the acquisition of the Highland Towers site for redevelopment will not happen by this year, but on Jan 8.
KUALA LUMPUR (Dec 23): Bank Pembangunan Malaysia Bhd (BPMB) and Danajamin Nasional Bhd have received Bank Negara Malaysia's (BNM) approval to commence negotiations under the first phase of the government's proposed merger involving the country's development financial institutions (DFIs).
PETALING JAYA (Dec 23): IN a slow real estate market, most property developers have allayed investor fears with the huge land banks they have amassed and the value these can create.
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