News by M

OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK), is expanding its land bank with the acquisition of four parcels of freehold land measuring 26.33 hectares in Sungai Petani, Kedah, for RM14.17 million.

Ho Hup Construction Company Bhd (KL:HOHUP), which has just resolved a winding-up petition in November filed by a diesel fuel supplier, has been served with yet another winding-up petition from a cement supplier due to an alleged unpaid sum of RM2.5 million.

Sime Darby Property conducted the launch of the Elmina Lakeside Mall and Elmina Outdoor Sculpture Museum on Saturday.

Paramount Property unveiled its luxury Bangkok condominium project, Na Reva, at an exclusive Malaysian premiere here on Saturday.

Seventeen individuals, including seven civil servants from a Land and Mines Office in Selangor have been arrested to assist investigations into illegal land transfer activities.

Prime Minister Datuk Seri Anwar Ibrahim has asked Kuala Lumpur City Hall (DBKL) to go out and inspect the dilapidated business areas around Jalan Masjid India which are in need of improvement.

Loke said that scheduling based on that data will ensure KTM trains are focused on high-passenger capacity periods while the buses can provide services at low-passenger capacity periods.

Property developer EMKAY Group has signed a Memorandum of Understanding (MOU) with Ipoh-based travel agency Global Net Travel Sdn Bhd to develop floating villas at the Pulau Banding island in Gerik, Perak.

LBS Bina Group Bhd (KL:LBS) has launched Centrum Iris, the second precinct of Cameron Centrum and the largest mixed development of commercial offerings located in Cameron Highlands, Pahang.

Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.