Chinatown Hotel in Singapore sold for S$31 mil
SINGAPORE (July 14) Three adjoining freehold shophouses on Teck Lim Road, off Keong Saik Road, have been sold to Hilltop Capital, an entity linked to Aw & Sons and Aw Kim Cheng Realty.
Sunway buys KL land from Genting chief to develop RM1.05 bil project
KUALA LUMPUR (July 13): Sunway Bhd is acquiring 4.
Najib: Sungai Buloh-Kajang MRT line to encourage more to use public transport when it starts operating on July 17
KUALA LUMPUR (July 13): Prime Minister Datuk Seri Najib Razak expects the Sungai Buloh-Kajang (SBK) MRT line, which will start operating on July 17, to encourage more to use public transport.
Bank Negara Malaysia maintains OPR at 3%, says inflation moderating
KUALA LUMPUR (July 13): Bank Negara Malaysia maintained the overnight policy rate (OPR) at 3.
CapitaLand-led JV in S$1.8 bil redevelopment of Golden Shoe Car Park
SINGAPORE (July 13): CapitaLand, CapitaLand Commercial Trust (CCT), Mitsubishi Estate (MEC) have formed a joint venture (JV) to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.
WCT says it has good grounds to ‘defend and oppose’ RM214 mil claims
KUALA LUMPUR (July 13): WCT Holdings Bhd has reached a preliminary view that, subject to formal legal opinion, it has good grounds to defend and oppose three companies’ claims for 181.
Mah Sing prospects still positive in current market condition
Mah Sing Group Bhd (July 11, RM1.
Singapore non-landed private residential resale prices up 0.9% in June
SINGAPORE (July 12): Non-landed private residential resale prices rose 0.
Damansara Realty to post FY17 operating profit — CEO
KUALA LUMPUR (July 12): Loss-making Damansara Realty Bhd expects to record operating profit in the current financial year ending Dec 31, 2017 (FY17), as the company embarks on its strategic restructuring plan (SRP).
Metronic Global terminates CFO for compromising special audit
KUALA LUMPUR (July 12): Metronic Global Bhd has terminated its chief financial officer (CFO) Eric Boon Chuan Kit, as he was deemed to be obstructing and compromising the independency of a special audit.
