Development near Bukit Cerakah not on forest reserve land
PETALING JAYA (Feb 26): Shah Alam City Council (MBSA) has clarified that the plot of land near the Bukit Cerakah Forest Reserve in Shah Alam is not part of the forest reserve.
Telekom Malaysia intends to dispose of two office towers adjacent to its HQ
KUALA LUMPUR (Feb 16): Telekom Malaysia Bhd (TM) intends to dispose of two office towers that are adjacent to its headquarters Menara TM on Jalan Pantai Baharu, Kuala Lumpur.
Passenger fell off Penang ferry, feared drowned
GEORGE TOWN (Feb 15): Following a fall off the ferry during the journey from the Penang Island to the mainland, a passenger is feared to have drowned.
Sunway REIT 2Q net property income flat; company declares 2.25 sen DPU
KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust (REIT) announced a net property income (NPI) of RM104.
Asia Pacific expecting rise in 2019 hotel transactions
PETALING JAYA (Feb 13): Asia Pacific is the only region expecting growth in hotel transaction volumes in 2019 with an anticipated year-on-year growth of 15%, bringing the total transaction volume for the region to US$9.
Atrium REIT announces put and call option and cash calls related to Penang land deal
KUALA LUMPUR (Feb 13): Atrium Real Estate Investment Trust (REIT) has entered into a put and call option agreement in relation to an RM180 million land deal announced last November.
Ringgit to move in range of 4.0893 – 4.1008 against USD today, says AmBank Research
KUALA LUMPUR (Feb 7): AmBank Research expects the ringgit (MYR) to trade between its support level of 4.
Perak folk worry about 'hills cleared' for development, says report
IPOH (Feb 6): About 10ha of Kledang Saiong have been “cleared for an unknown project” and this is worrying folks here, said a report by The Star.
AmanahRaya REIT CEO resigns after just 3 months on the job
KUALA LUMPUR (Feb 1): AmanahRaya Real Estate Investment Trust (REIT)’s chief executive officer (CEO) Zalila Mohd Toon, 58, has resigned just after three months on the job.
Sepang fire claims two lives
PETALING JAYA (Jan 29): A fire broke out in a bedroom in Taman Desa Vista in Sepang, resulting in the deaths of two individuals today.
