Asian Pac CEO resigns 'to pursue other opportunities'
Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong has resigned effective Monday (Dec 1) “to pursue other opportunities".
MRMA vice-chairman Derek Teh appointed Sunway REIT’s new CEO
Sunway Real Estate Investment Trust (KL:SUNREIT) has appointed Derek Teh Wan Wei as its new chief executive officer (CEO), effective Monday.
Tuju Setia clinches RM420m construction job from Sunway
Tuju Setia Bhd (KL:TJSETIA) on Monday secured a construction contract from Sunway Bhd (KL:SUNWAY) worth RM420 million, nearly six times the company’s market capitalisation of RM62.73 million.
Ho Hup’s shareholders block re-election of founding family’s last board member, refuse directors’ fees
Ho Hup Construction Company Bhd’s (KL:HOHUP) shareholders have rejected the re-election of the founding family’s last board member Datin Chan Bee Leng and blocked RM500,000 in directors’ fees at Monday’s annual general meeting.
OIB partners Panasonic for Myra Senja open-market units
Myra, the residential arm of Oriental Interest Bhd (KL:OIB), has unveiled Myra Senja, a mixed-used development in Shah Alam, and has signed a memorandum of understanding (MOU) with Panasonic Malaysia to equip the open-market units at Myra Senja with a curated package of energy-efficient appliances.
The Real Deal: Lessons from Hong Kong’s tower inferno
The recent Hong Kong tower inferno exposed the fragility of dense urban living and reminded us—painfully—how vulnerable vertical communities are when safety is compromised, deferred or treated as a discretionary cost.
Federal Court strikes out appeal bid for management corporation to impose different unit rates
The Federal Court has struck out an application by Phileo Damansara 1 (PD1) development’s management corporation for permission to appeal its attempt to impose different rates of maintenance charges over units in PD1.
Exsim Development, Maba jointly break ground for 60-storey redevelopment project in KL
Exsim Development Sdn Bhd and the Malaysian Basketball Association (Maba) officially commenced construction for their joint venture project named Maba Suitez at the former Wisma Maba site along Jalan Hang Jebat in Kuala Lumpur on Sunday.
Johor debuts three-island Maharani Freeport as new energy and maritime free zone
Johor launched on Saturday the 3,200-acre Maharani Freeport in Muar as a three-island deep-water free zone, designed to serve regional oil and gas activities along the Strait of Malacca.
Kerjaya Prospek exploring JV with KWAP’s property arm for Batu Kawan industrial park
Kerjaya Prospek Group Bhd (KL:KERJAYA) said it is in discussions with the property arm of Retirement Fund Inc (KWAP) for a proposed industrial park development in Batu Kawan, Penang.
