Budget 2023 – HBA wishes for a system revamp to benefit rakyat
Budget 2023 needs to make homeownership affordable for the ordinary rakyat to have equity in this country.
Following August CPI, economists differ whether BNM will raise OPR in November
Malaysia’s inflation may have peaked in August as the impact of price adjustments for various price-administered items and minimum wage hikes could have been fully reflected since May, said economists.
Hong Leong Bank chairman Quek Leng Chan emerges as substantial unitholder in AME REIT
Malaysia’s second richest man, Tan Sri Quek Leng Chan, has emerged as a substantial unitholder in AME Real Estate Investment Trust (REIT) after acquiring 29.1 million shares in the REIT over two days.
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Sime Darby announces further offloading of Malaysian Vision Valley land, earmarks up to 15% of proceeds for dividend payments
Sime Darby Bhd has proposed the sale of another parcel of land in Malaysian Vision Valley (MVV) as part of its move to monetise its assets in the Negeri Sembilan-based economic region.
Konsortium Transnasional bags RM41 mil works contract for PR1MA Pahang project
Konsortium Transnasional Bhd (KTB) has bagged a RM41.01 million contract for earthworks and building, internal and major infrastructure works for a Perumahan Rakyat 1Malaysia (PR1MA) Pahang mixed development in Lipis, Pahang.
EcoFirst to acquire remaining stake in firm that owns KL land earmarked for development
Property developer EcoFirst Consolidated Bhd has proposed to acquire the remaining 49% stake in a subsidiary that owns 4.18 acres of land in Sungai Besi for RM78.4 million.
BHIC sells land in Sabah for RM18 mil to strengthen cash flow
It is selling the 9.78-acre plot to Jantoco Realty Sdn Bhd (JRSB) — a wholly owned subsidiary of Harrisons Holdings (Malaysia) Bhd that is principally engaged in property investment and management
Axis REIT to acquire industrial facility in Kapar for RM41 mil
Axis Real Estate Investment Trust (REIT) is acquiring an industrial facility located in Kapar, Klang for RM41 million cash.
Mulpha International gets takeover offer at RM2.30 a share
Real estate company Mulpha International Bhd received an unconditional voluntary takeover offer notice at RM2.30 a share on Friday (Sept 23) from several joint offerors.
Residents claim MBPJ did not follow ‘its own guidelines’ when approving project
Some residents have claimed that Petaling Jaya City Council (MBPJ) did not comply “with its own guidelines” when granting approval for a project located along Lebuh Bandar Utama (BU) near Sprint Expressway.
