Pavilion REIT seen to remain resilient
As for Da Men Mall (86% occupancy rate), management is targeting to achieve near full occupancy by evaluating its tenant mix.
Stronger y-o-y rental income growth likely for IGB REIT for 3Q
Turnover sales account for about 12 to 15% of IGB REIT’s rental income.
Bakery rat forces Shah Alam hypermarket to close for cleaning
She had spotted the giant rodent scurrying among the buns while shopping with her son on Monday night,
Priority to expiring leasehold properties for conversion to freehold
Prior to the recent general elections, the state Pakatan Harapan had pledged to convert leasehold properties to freehold, if elected into power.
MoF unit sounds warning on ECRL lay-offs
Up to 30% of China contractor’s local employees tied to the project will be dismissed — source.
DBKL ends sale of 18 parcels of land worth RM1.4bn
However, the move could spark legal battles between the authority and the disappointed buyers invovled in the cancelled sales
Western Digital to close PJ plant after 20 years
The shutdown will not eliminate Western Digital’s presence in Malaysia altogether, as the company still has manufacturing sites in Johor and Sarawak.
AirAsia adds two new destinations to Johor Bahru hub
Of the two new destinations, Ipoh will be the first service of the low-cost carrier to the capital of Perak.
MACC raids companies linked to ECRL, other mega projects
This follows the Finance Ministry issuing a suspension notice for all contracts related to the three projects on July 3.
48 of 64 DBKL plots cleared by MACC, says Kepong MP
Graft busters narrowing investigations to 16 plots.
