Hiap Huat buys land in Pulau Indah for new waste treatment plant
KUALA LUMPUR (Dec 31): Hiap Huat Holdings Bhd is buying 4.
TA Securities: Possible privatisation of Tiong Nam in 2020
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.
Axis REIT to buy Bukit Raja property for RM37m
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.
Development land and industrial properties – star performers in 2019
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.
OldTown White Coffee China franchiser under probe for suspected contract fraud
KUALA LUMPUR (Dec 17): OldTown Bhd's indirect wholly-owned unit Shenzhen Kopitiam Asia Pacific Ltd (SZKAP) is currently under criminal investigation by the Chinese Public Security Bureau for suspected contract fraud.
EcoWorld unit buys Iskandar Puteri land for RM304.92m for mixed development
KUALA LUMPUR (Dec 16): Eco World Development Group Bhd (EcoWorld) subsidiary Melia Spring Sdn Bhd has entered into a developmental agreement with Permodalan Darul Ta'zim Sdn Bhd (PDT) and a sale and purchase agreement (SPA) with River Retreat Sdn Bhd (RRSB) on Dec 15.
Damansara Realty launches RM150m commercial development in Tampoi
KUALA LUMPUR (Dec 11): Damansara Realty Bhd (DBhd) and its Johor-based partner have launched its latest commercial development in Tampoi, Johor Bahru, Business Boulevard @ Central Park.
Property prices in Malaysia at least five times lower than in HK
The current riots and unrest in Hong Kong which began about five months ago have definitely driven more Hongkongers to look for a second home overseas at least until calm returns to the ex-British colony.
