News by Chester Tay

New York Post, quoting sources, reported that other bidders included Caesars Entertainment.

MBJB said it has signed a non-binding memorandum of understanding (MoU) with Astaka's 99.99%-owned subsidiary Astaka Padu Sdn Bhd, whereby Astaka will construct, develop and sell to MBJB a 14-storey Grade A office tower, Menara MBJB.

A stay order imposed by the Penang Appeals Board (PAB) on the execution of the planning permission for Ewein Bhd’s maiden property development venture remains after one year.

In its filing with Bursa Malaysia today, Tatt Giap said its wholly-owned subsidiary Tatt Giap Hardware Sdn Bhd had entered into a sale and purchase agreement with Tan Chong Ekspres to dispose of the property.

Yong Tai, in a statement, said 100% of casted votes were in favour of the new issuance of ICPS to facilitate the capital participation of Hong Kong-listed Sino Haijing Holdings Ltd into Yong Tai, as well as to reward the existing shareholders of Yong Tai via a bonus issue.

Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.

Selangor Menteri Besar Datuk Seri Azmin Ali has urged Bank Negara Malaysia (BNM) to look at measures to help potential first-time homebuyers acquire properties to increase home ownership.

In view of the challenging macro environment, consumers may prefer to hold more financial buffers for living expenses and to protect themselves against rising costs and unexpected adverse events.

Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.

There has been speculation that China may have the advantage for the project.