Tan Sri Bashir Ahmad Abdul Majid, former managing director of Malaysia Airports Holdings Bhd (MAHB), has been appointed as chairman of Mass Rapid Transit Corp Sdn Bhd (MRT Corp) — the wholly owned transit arm of the Ministry of Finance.

Berjaya Land Bhd (BLand)’s application for a six-month extension to comply with its approved public shareholding spread requirement of 20% was rejected by Bursa Malaysia Securities Bhd.

Menjadi ejen hartanah di Malaysia merupakan pilihan kerjaya yang menarik, tetapi sukar untuk mengetahui di mana untuk memulakan.

Encorp Bhd has received a take-up rate of 70% for Iris, the second property launch for the Encorp Cahaya Alam township in Shah Alam. Following the good response, the developer is also eyeing to launch its final phase, Akasia 2, in this quarter.

However, this withdrawal is conditional where the withdrawal payment will only be made to the banking institution when the member reaches the age of 50 to 55, as stipulated in the EPF Act 1951.

Symphony Life Bhd is suing its former development partner for RM150 million over a terminated agreement to jointly develop residential condominiums in Langkawi.

Debt-ridden Perak Corp Bhd said it has entered into a master agreement with its holding company, Perbadanan Kemajuan Negeri Perak (PKNP), to define the terms of several development initiatives to be undertaken by the two entities.

Land & General Bhd (L&G) said its managing director Low Gay Teck will take up a 10% stake in a wholly-owned unit of the group which recently bought a piece of land in Bandar Puchong Jaya to develop serviced apartments.

SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.

Comintel’s wholly-owned subsidiary, Binastra Builders Sdn Bhd on March 31 accepted the Letter of Award from Exsim Bukit Jalil City Sdn Bhd for the project.