News by theedgemarkets.com

During the event, Trinity Group Sdn Bhd founder and managing director Datuk Neoh Soo Keat said: “The recovering economy will help drive the property market, thus we remain optimistic that there will be demand for the second phase. We aim to redefine and reimagine urban living as well as to deliver value to the property industry by being relevant and in tune with the needs of the market. Our latest development, Trinity Wellnessa, is a project that we are proud of as it is the first of its kind in many ways.”

Sunway Malls & Theme Parks chief executive officer HC Chan said the collaboration aims to leverage each other's strengths and strong presence in a range of industries including aviation, property, education, medical tourism and hospitality.

Chief Justice Tun Tengku Maimun Tuan Mat ruled that the developer did not pass the threshold set under Section 96 of the Courts of Judicature Act 1964 for the court to grant leave (permission) to hear merits of the case.

MRA said in a statement that spiralling inflation will result from the drastic increase in labour costs, and this is going to lead to a lower standard of living for the average consumer.

At a press conference in conjunction with the annual general meeting here on Tuesday (April 12), Md Shah Mahmood said: "I hope it will be a good year, but I do not think it (business) will reach pre-pandemic levels.

According to the Malaysian Hospitality Investment intentions Survey released by Knight Frank, some 64% of the hotel owners, operators and owner operators survey respondents are considering increasing their exposure to the Malaysian hotel sector, a sharp hike compared with 36% in 2020.

In a statement, the REIT said it has inked a sale and purchase agreement (SPA) with Equalbase PTP Sdn Bhd (EPSB) to aquire the 1.55 mil sq ft property. EPSB is a unit of EQualbase Pte Ltd in Singapore and is in the business of developing and leasing warehouses.

According to a press statement on Monday (April 11), SDPLOG will focus on investing and developing high-quality industrial and logistics real estate assets, such as E-Metro Logistics Park at Bandar Bukit Raja in Klang, Selangor.

In a note Monday (April 11), the research house said it sees some potential trading opportunities as sector valuations are undemanding, at 64% discount to RNAV.

In a Bursa Malaysia filing on Friday, the REIT said Amirsham, 71, will be replacing Tan Sri Ahmad Mohd Don, who is retiring from the position after helming the company since October 2016.