No discount given to Indonesian firm for sale of TRX land, says MoF Inc
KUALA LUMPUR (March 8): The Minister of Finance Inc (MoF Inc) said today no discount was accorded to Indonesia's Mulia Group when the latter bought a 3.
Australian served RM98.3m legal demand by Malaysian “political operative” over failed property deals
PETALING JAYA (March 8): A former Australian civil servant has received a letter of demand for over A$20 million (RM60.
Platinum Victory’s PV18 Residence 50% taken-up
KUALA LUMPUR (March 8): Platinum Victory Development Sdn Bhd’s PV18 Residence has registered a 50% take-up rate since its weekend launch held on March 3.
MoF confirms buyback of TRX skyscraper from Indonesian firm
KUALA LUMPUR (March 7): The Ministry of Finance (MoF) has taken back control of The Exchange 106 skyscraper at the Tun Razak Exchange (TRX) here, after buying a 51% stake in Mulia Property Development Sdn Bhd, which is developing the 3.
SkyAwani named best RUMAWIP Project
PETALING JAYA (March 7): SkyAwani by SkyWorld Development Group was awarded the Best RUMAWIP Project by the Ministry of Federal Territories recently, it said in a statement.
Centennial’s largest office in Southeast Asia to open in Malaysia at end-March
PETALING JAYA (March 7): Singapore-based Centennial Business Suites Ptd Ltd will be opening its second serviced/co-working space at KL Sentral by the end of this month, said its CEO Melvin Lim.
Bank Negara keeps OPR unchanged at 3.25%
KUALA LUMPUR (March 7): Bank Negara Malaysia (BNM) (pictured) has maintained the overnight policy rate (OPR) at 3.
IJM Land to launch cyberhomes in Seremban 2 Heights on March 11
PETALING JAYA (March 6): IJM Land Bhd will officially launch Rimbun Ara, the first-of-its-kind cyberhomes, at its 1,500-acre Seremban 2 Heights township in Negeri Sembilan this Sunday (March 11).
Aspen sees continued top-line growth in 2018 after FY17’s record earnings
KUALA LUMPUR (March 6): Singapore-listed property developer Aspen (Group) Holdings Ltd, which is based in Malaysia, is confident it will continue to see top-line growth in the financial year ending Dec 31, 2018 (FY18), after posting strong numbers in FY17.
Sunway Carnival Mall gets RM500m expansion, facelift
KUALA LUMPUR (March 5): Sunway Carnival Mall, located at Seberang Jaya, Penang, is getting a RM500 million renovation and expansion — a decade after opening its doors.
