Battersea Phase 2 deal may see another delay
KUALA LUMPUR (September 28): The deadline to finalise the proposed £1.
Crescendo's 2Q profit down 37% on lower profit margin
KUALA LUMPUR (Sept 27): Property developer Crescendo Corp Bhd's second quarter net profit fell 36.
MTUC calls for withdrawal of all tax concessions on migrant worker levy
KUALA LUMPUR (Sept 27): The Malaysian Trades Union Congress (MTUC), in welcoming the Ministry of Finance's retraction of its earlier stance that the levy for migrant workers be split 20:80 between employers and foreign workers, has also called for the withdrawal of all tax concessions granted on the levy.
'Possibly' another extension in Battersea Phase 2 deal, says PNB
KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) is not discounting another extension for the completion of the proposed stake acquisition in the Battersea Power Station (BPS) project in the UK.
New structure for Kampung Baru Development Corp to be revealed soon
KUALA LUMPUR (Sept 27): The Federal Territories Ministry will reveal the new management structure of] Perbadanan Pembangunan Kampong Baru or Kampung Baru Development Corp by end-October pending the Prime Minister’s approval.
Fix the economy to address office and retail spaces oversupply, urges MIPFM
KUALA LUMPUR (Sept 27): The Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam said instead of putting a halt on new retail and office developments, the government should bring the country’s economy back on the right track to address the space glut.
Know the similarities and differences between facility and property management, says MIPFM
KUALA LUMPUR (Sept 27): There is a need to bring facility management and property management together to give the market a better understanding of the functions and roles of both fields as well as to raise their standards, said the Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam.
Eversendai up 1.91% after announcing four new projects worth RM404m
KUALA LUMPUR (Sep 27): Eversendai Corp Bhd saw its share price up by 1.
Dr M’s pocket notebook make ministers do their homework
At Cabinet meetings chaired by Prime Minister Dr Mahathir Mohamad, the younger ministers often experience feelings of shock and awe.
DBKL rejects redevelopment of Tadika Diyana land in TTDI
PETALING JAYA (Sept 27): The proposed redevelopment of the Tadika Diyana Kindergarten site in Taman Tun Dr Ismail (TTDI) has been rejected by Dewan Bandaraya Kuala Lumpur (DBKL), according to the Taman Tun Dr Ismail Residents’ Association (TTDI RA).
