News about US

PETALING JAYA (July 23): The industrial property sector is set to grow in line with growing demand and limited existing and incoming supply of higher-specs warehouses in the market, according to Knight Frank Malaysia.

KUALA LUMPUR (July 16): The Customs Department had intentionally slowed down the Goods and Services Tax (GST) refund process, as the government had run out of money to pay the refunds, the Public Accounts Committee (PAC) was told yesterday.

KUALA LUMPUR (July 16): Pegasus Heights Bhd, formerly known as Naim Indah Corp Bhd, said its contract as a project management consultant for a 30-storey mixed commercial development at Teluk Likas, Sabah, has been terminated.

KUALA LUMPUR (July 16): Multinational serviced office and co-working space provider Regus has launched a new franchise scheme in Malaysia Head of Partnership Growth at IWG Matthew James Kenley said in a press release that the serviced office market is one of the most exciting growth markets in the world, and the next frontier for franchise operators.

KUALA LUMPUR (July 15):  Axis Real Estate Investment Trust (REIT) is leasing 2.

  KUALA LUMPUR (July 12): Boustead Holdings Bhd announced today Datuk Nonee Ashirin Mohd Radzi, Loong Caesar, Lt Gen (R) Datuk Fadzil Mokhtar and Abraham Verghese TV Abraham's appointments as independent non-executive directors.

KUALA LUMPUR (July 11): CAB Cakaran Corp Bhd served a notice of termination to vendors related to the sale and purchase agreements (SPAs) to buy properties in Johor for an alleged breach of contract.

  KUALA LUMPUR (July 12): Boustead Holdings Bhd has aborted plans to buy multiple pieces of leasehold commercial land totalling 10.

KUALA LUMPUR (July 11): The government had last week received an official proposal from Maju Holdings Sdn Bhd to take over highway operator PLUS Malaysia Bhd, according to Works Minister Baru Bian today.

KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).