Kanger secures 10-year lease agreements for recurring income base
KUALA LUMPUR (March 10): Kanger International Bhd has signed 10-year lease agreements for two of its commercial buildings in Ganzhou city, China.
MUI gets term-loan facilities totalling RM539m
KUALA LUMPUR (March 4): Malayan United Industries Bhd (MUI) has secured two term-loan facilities totalling £100 million (RM539.
UDA Holdings chairman tests positive for COVID-19, three MEDAC senior officers under quarantine
KUALA LUMPUR (March 2): UDA Holdings Bhd chairman Hisham Hamdan has tested positive for COVID-19, which has led the Ministry of Entrepreneur Development and Cooperatives (MEDAC) to undertake medical checks on its senior officers.
Expat demand pushes rents in Singapore to three-year high
SINGAPORE (Feb 28): Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city state’s continuing appeal among expatriates, Bloomberg reported today.
YTL Hospitality REIT 2Q20 NPI up 2.4%, declares 1.92 sen DPU
KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.
No car park being built next to Fort Cornwallis
PETALING JAYA (Feb 20): “There is not now, nor has there ever been” a plan to build a multi-storey car park next to Fort Cornwallis (pictured) in Penang, according to Chief Minister of Penang Incorporated (CMI) in a statement today.
Widad acquires UiTM Jasin concession for RM127m
KUALA LUMPUR (Feb 19): Widad Group Bhd is taking over the entire 100% stake in Serendah Heights Sdn Bhd (SHSB), the ultimate owner of a concession to develop and maintain the Universiti Teknologi Mara (UiTM) campus in Jasin, Melaka, for RM127.
Will DBKL impose a time limit on renovations?
KUALA LUMPUR (Feb 19): Ever been bugged by a neighbour’s renovations that seem to go on endlessly? It looks like City Hall (DBKL) will take a “re-look” at this problem in the near future, with Mayor Datuk Nor Hisham Ahmad Dahlan saying that it is an issue that “needs to be addressed”, reported The Star.
Four Tabung Haji hotels said to cease ops
KUALA LUMPUR (Feb 17): An internal notice about four Lembaga Tabung Haji (LTH)-owned hotels ceasing operations, has gone viral.
Wedding bells for Shafee's son, so 1MDB trial deferred to March 2
KUALA LUMPUR (Feb 17): The scheduled dates for Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial set for this week have been deferred to March 2 as lead counsel Tan Sri Muhammad Shafee Abdullah (pictured) has to attend his son's wedding.
