Aeon buys 8.7ha land in Kota Bharu for RM165 mil
Aeon is buying the land from Liziz Standaco Sdn Bhd using internally-generated funds, the group said in a bourse filing.
Tower REIT’s earnings further weighed down by higher electricity tariff, wages
The office rental market remains challenging with the over-supply of office space particularly in the Klang Valley as more organisations, especially multinational corporations, continue to re-evaluate their workplace strategies and requirements, the REIT said.
OCR says ex-contractor’s RM31m claim against group is ‘baseless and frivolous’
The claims by the ex-contractor, Kencana Amanjaya Sdn Bhd, are baseless and frivolous, said OCR in a statement on Thursday (April 20), adding that it has instructed its solicitors to contest the matter to fully defend its interest.
#BonWithYou campaign survey shows that 63% of respondents want stylish homes in affluent address
KUALA LUMPUR (April 20): Last year, EdgeProp in collaboration with BON Estates conducted a survey in conjunction with the #BonWithYou campaign.
Advancecon secures RM86 mil construction job for PKNS's Sierra Alam project
The 24-month job involves earthworks, major infrastructure and other related works, according to Advancecon's bourse filing on Thursday KUALA LUMPUR (April 11): Earthworks and civil engineering service provider Advancecon Holdings Bhd has bagged an RM86 million construction contract from Perbadanan Kemajuan Negeri Selangor (PKNS) for Phase 1 of its Sierra Alam development in Section U10, Shah Alam, Selangor.
AME REIT declares 1.82 sen distribution per unit for 4Q23
It was the second distribution whereby AME REIT distributed 100% of the quarter’s distributable income to its unitholders.
Crowne Estate partners with Accor to open Swissôtel Genting Highlands in 2028
It will be located at an altitude of 3,000 feet that includes a 300-room property, conference facilities, and grand ballroom with a 15-minute drive away to the Genting Highland summit.
MM2H: Rehda ‘encouraged’ by govt’s plan to review strict conditions
“The government’s intent to review the requirements as well as facilitate and expedite the processing of MM2H applications via a one-stop centre is definitely a step in the right direction,” said Datuk NK Tong, president of Rehda.
UOA REIT stays focused on offices as it sees room for growth
UOA REIT invests in office buildings across Klang Valley.
Govt to review MM2H’s terms and conditions
The Tourism, Arts and Culture Ministry (Motac) said the decision to review the strict conditions introduced in 2021 was reached following a meeting between its minister, Datuk Seri Tiong King Sing, and Home Ministry secretary-general Datuk Ruji Ubi.
