UMLand’s corporate exercise to be completed by year end
UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.
IGB to sell Renaissance KL for RM765 mil
KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.
Trading in IGB Corp shares suspended pending material announcement
KUALA LUMPUR (Aug 15): Bursa Malaysia has approved IGB Corp Bhd’s request for a suspension in the trading of its shares today, pending a material announcement.
How the Singapore-KL HSR could affect property prices in Singapore
TWO years ago, Singaporean David Neubronner moved into his new home at Straits View Residences, a gated landed housing community located in the Permas Jaya housing estate of Johor Bahru.
Questions abound for DPMM’s property project
SCEPTICS are questioning the viability of a property development project for the Malay Chamber of Commerce of Malaysia (Dewan Perniagaan Melayu Malaysia, DPMM) on a piece of land it owns in Bukit Petaling, Kuala Lumpur.
Stronger quarters ahead expected for Axis REIT
Axis Real Estate Investment Trust (Aug 5, RM1.
Mida, GreenTech introduce tax allowances to encourage businesses to go green
PETALING JAYA (Aug 5): The Malaysian Investment Development Authority (Mida) and Malaysian Green Technology Corp (GreenTech Malaysia) have teamed up to introduce investment tax allowance (ITA) for the purchase of green technology equipment or assets.
Flower seed kits for Citizen Setia
PETALING JAYA (Aug 4): S P Setia Bhd organised several gardening and landscaping events across the Klang Valley, Penang, Johor and Kota Kinabalu over the weekend to celebrate its outstanding performance at ILAM’s Malaysia Landscape Architecture Award 2015.
‘Serious mismatch’ in housing supply
KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.
