News about US

KUALA LUMPUR (Oct 29): Facing a prolonged office glut, Tower Real Estate Investment Trust (REIT) chief executive officer Eusoffe Chua said it cannot rest on its laurels.

KUALA LUMPUR (Oct 29): Filling up office space is not easy for landlords nowadays simply because of oversupply.

PETALING JAYA: United Malayan Land Bhd (UMLand) has successfully converted some commercial land in Taman Seri Austin township in Johor Bahru into residential to build more landed houses.

KUALA LUMPUR (Oct 26): Luster Industries Bhd is buying a 51% stake in a local private company that is jointly developing a plot of land in Sepang, Selangor, into a mixed development with an estimated gross development value or GDV of RM900 million.

PETALING JAYA: For the longest time, the Orang Asli communities have been battling a myriad of issues stemming from rapid urbanisation.

Decades-old rundown wooden houses with zinc roofs, interspersed with the occasional newer brick and mortar abodes is what you’ll see when passing through a New Village or Chinese New Village in Malaysia.

Shenzhen (Oct 25): In a move to stem its property prices from soaring beyond the grasp of ordinary folks like in Hong Kong, Shenzhen  is introducing a new reform to its housing system.

KUALA LUMPUR (Oct 25): The High Court here has today deferred the hearing of 1Malaysia Development Bhd (1MDB)-linked asset forfeiture proceedings against the Tun Hussein Onn Foundation to Nov 15 from Nov 4 this year.

Hua Yang Bhd (Oct 24, 33 sen) Maintain market perform with a lower target price (TP) of 33 sen: The first half of financial year 2020 (1HFY20) core net profit (CNP) of RM4.

KUALA LUMPUR (Oct 25): CIMB Group Holdings Bhd and PLUS Malaysia Bhd have worked out a settlement agreement that puts an end to the joint venture partners’ dispute over PLUS’ decision to launch its own toll collection system.