‘Missing’ Johor affordable homes not built yet, says exco
KUALA LUMPUR (Sept 5): Umno Youth claimed that some homes were “missing” in Johor’s affordable housing scheme (RMMJ) but it looks like they have not even been built yet.
UOA REIT mulls formation of sub-MCs at its properties to avoid disputes
PETALING JAYA (Sept 4): UOA Real Estate Investment Trust (UOA REIT) is considering forming sub-management committees (sub-MCs) for properties held under UOA REIT as this will allow the different components in mixed developments to operate independently and avoid potential disputes.
Govt to develop guidelines for foreign ownership of Forest City properties
PETALING JAYA (Sept 2): Putrajaya will come up with more explicit guidelines related to foreign purchases of properties into the RM410 billion-Forest City in Johor to help investors avoid making risky decisions, said Housing and Local Government Minister Zuraida Kamaruddin.
KPKT to meet Forest City developer
KUALA LUMPUR (Sept 1): The Housing and Local Government Ministry (KPKT) will meet with the developer of the Forest City megaproject project on Monday to learn more about the project, its minister Zuraidah Kamaruddin (pictured) revealed today.
IGB to directly hold 49% stake in IGB REIT
KUALA LUMPUR (August 31): IGB Bhd is undertaking an internal group reorganisation which will see its 49.
Third Johor-Singapore link bridge wanted within 4 years
ISKANDAR PUTERI (August 30): To ease traffic conditions at the existing links, Johor plans to build a third link bridge in Sungai Rengit, Pengerang, Kota Tinggi district.
Kerjaya Prospek 2Q net profit up 7%, pays 1.5 sen dividend
KUALA LUMPUR (Aug 30): Kerjaya Prospek Group Bhd's net profit rose 6.
Boustead slips to RM28m net loss in 2Q, pays one sen dividend
KUALA LUMPUR (Aug 30): Boustead Holdings Bhd slipped into the red in the second quarter ended June 30, 2018 (2QFY18), mainly due to reduced contributions from plantation, heavy industries and property divisions, as well as after allocation to non-controlling interests and perpetual sukuk holders.
KWAP buys two UK properties for RM280m
KUALA LUMPUR (Aug 30): Retirement Fund Inc or Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has acquired two properties in the UK for £39.
Ireka Corp sees opportunities in last-mile connectivity to public transit
KUALA LUMPUR (Aug 29): The last-mile connectivity to public transit is an area that Ireka Corp Bhd would focus on moving forward amid the growing need for an improved public transportation in the country.
