News by M

Dynaciate Group Bhd has proposed to acquire a piece of freehold industrial land measuring 23,550 square metres in Bentong, Pahang from KPower Bhd for RM12 million cash.

Noteworthy:

• Freehold

• Built-up: 5,500 sq ft

• Land size: 8,928 sq ft

• Unfurnished

• Amenities: Nearby commercial shoplots with F&B outlets, public schools, residential apartments and condominiums

• Accessibility: New Klang Valley Expressway (NKVE), Guthrie Corridor Expressway (GCE) and Federal Highway

Victims Malaysia (VM) had hoped that HBA would support the KPKT (Housing and Local Government Ministry) initiative as it benefits the purchasers and stimulates the current gloomy housing industry.

The DROP 'n GO – 5KG Campaign is a continuous effort from IJM Land’s KITARecycle programme, which was initiated in January 2022. This environmental collaborative initiative by IJM Land and SWM Environment is to encourage the Seremban 2 residents to become a member of KITARecycle and educate them on how to recycle their domestic/household waste (such as paper, aluminium cans, plastics and e-waste) through the KITARecycle programme.

In a Bursa Malaysia filing on Friday (June 10), IWCity said it will focus on improving its business operations within the 12-month period to submit its regularisation plan.

Acquiring the properties, which include 16,208 square metres of freehold land and the buildings on it, will provide the group a greater flexibility in undertaking future expansion plans and eliminate the risk of non-renewal of tenancy, said Minda Global.

In a filing with Bursa Malaysia, the retail REIT, which owns six neighbourhood shopping centres throughout Peninsular Malaysia, said Johari Shukri will take over as the CEO from June 11.

RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.

RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.92 following the recent pullback – firming up its bullish bias above the breakout level.

The Housing and Local Government Ministry (KPKT) has recently introduced an online platform called Housing Integrated Management System (HIMS), a single-entry system to replace the existing BLESS, IDAMAN and e-Pemaju, all of which are now rendered redundant (pun intended).