News by M

The company has chosen Penang as its next outlet location as there has been a missing opportunity in the northern state, Cheah was cited saying, noting that the Mitsui Outlet has been gaining traction in the past years from mid-income earners.

In a statement, Hap Seng Consolidated's chairman Thomas Karl Rapp said, "We are pleased to announce the first Marriott Executive Apartments in Kuala Lumpur, and more importantly, to add another exciting project to our growing hospitality portfolio in Malaysia."

This comes after Aspen Group ventured into glove-making business in August 2020 and set up its glove manufacturing plant at Kulim Hi-Tech Park in Kedah. Its glove unit is operating under the name Aspen Glove Sdn Bhd (AGSB), which is a joint venture between Aspen Group and CMY Capital Sdn Bhd, an investment holding company founded by businessman Tan Sri Chua Ma Yu.

In a statement, Tropicana's managing director of marketing and sales division, Joanne Lee said: “Malaysia is on track for recovery, where residential property volume and value transactions are up 3.9% and 16.7%, and shoppers are more eager to shop and dine out again. We introduced this campaign as a way of giving back to our property purchasers and retail customers, and as a timely measure, in line with this demand.”

Noteworthy:

• Freehold

• Built-up: 1,078 sq ft

• Semi-furnished

• Two bedrooms, two bathrooms

• Facilities: 58m infinity pool, Jacuzzi, kid’s pool, sauna and steam room, gym, dance studio, barbecue terrace, outdoor lounge, and function room with outdoor terraces

• Amenities: Pavilion KL shopping mall, Bukit Bintang shopping belt, Suria KLCC and Prince Court Medical Centre 

When: April 2022

IJM Land will officially launch Uptown Square, the commercial component of Bandar Rimbayu, in Telok Panglima Garang, Selangor on June 19.

Indonesia-based logistic firm J&T Express announced that it has acquired 30 acres of land in Bandar Rimbayu, Selangor for RM600 million.

Sarawak Consolidated Industries Bhd (SCIB) has bagged an engineering, procurement, construction and commissioning (EPCC) contract worth RM30.75 million

CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.

Noteworthy:

• Freehold

• Built-up: 3,000 sq ft

• Land size: 1,540 sq ft 

• Unfurnished

• Amenities: Close proximity to educational institutions, supermarkets and Shah Alam stadium

• Accessibility: Federal Highway, New Klang Valley Expressway (NKVE), Guthrie Corridor Highway, Shah Alam Expressway (KESAS) and Jalan Lapangan Terbang Subang; and close to Batu Tiga KTM station

When: January 2022