Atrium REIT spends RM15.4m to upgrade Atrium Shah Alam 2
KUALA LUMPUR (Jan 8): Atrium Real Estate Investment Trust (Atrium REIT) is spending RM15.
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1MDB details Bandar Malaysia deal after receiving flak over discrepancy
KUALA LUMPUR (Jan 6): As 1Malaysia Development Bhd (1MDB) received flak over its statement that the sum it quoted under the Bandar Malaysia deal is subject to revision, the state investment fund further clarified today aspects of the deal with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC).
Confusion arises over 1MDB's Bandar Malaysia deal
KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).
IBS adoption in Malaysia remains low: CIDB
PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).
1MDB selling Bandar Malaysia stake for RM7.41b
KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.
No choice but to reclaim land to fund transport plans in Penang, says Guan Eng
GEORGE TOWN (Dec 30): Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state.
1MDB to close Bandar Malaysia deal by year end
KUALA LUMPUR (Dec 29): 1Malaysia Development Bhd (1MDB) is near to sealing an agreement with a prospective partner to sell 60% of its shares in Bandar Malaysia Sdn Bhd before the year ends.
Parkson's appeal against award to HK unit’s landlord rejected
KUALA LUMPUR (Dec 29): The Second Intermediate Court of Beijing has thrown out an application by Hong Kong-listed Parkson Retail Group Ltd, a 53.
Bandar Malaysia in the limelight
THE most anticipated property deal is the sale of Bandar Malaysia — the 486-acre township planned at the site of the old Sungai Besi airport.
No proof house plant causes cancer, says expert
KUALA LUMPUR (Dec 22): A plant expert has dismissed recent social media claims that a popular house plant causes cancer as lacking scientific proof.
