The Urban Redevelopment Act is being drafted and once the Act is in force, there are 139 potential redevelopment sites within Kuala Lumpur that developers can bid for, according to Housing and Local Government Minister Nga Kor Ming.
The legal dispute between Star Media Group Bhd and JAKS Resources Bhd on the development of a parcel of land in Section 13, Petaling Jaya, has been reverted back to the High Court for trial.
Property developer Exsim Group's founders, the Lim brothers, are acquiring a 65.9% stake in Pan Malaysia Holdings Bhd (PM Holdings) from three companies linked to prominent businessman Tan Sri Khoo Kay Peng for RM36.73 million or six sen a share.
Malaysia’s central bank on Thursday kept the benchmark interest rates unchanged, as widely expected, citing improving economic growth and moderating inflation.
The first phase of IJM Land Bhd’s two-storey terraced development, named Sutera, in Seremban 2 (S2) Heights Aman has been 70% taken up since its launch on Feb 25, according to a press release on Thursday.
Rapid bus and rail service users in Klang Valley will soon have the option to pay fares using methods other than Touch 'n Go (TNG), as the government aims to expand cashless payment options.
Construction company Lim Seong Hai Capital Bhd (LSH) said on Wednesday it is proposing a public offering which could potentially raise RM168.08 million as part of its listing transfer to the ACE Market from the LEAP Market.
Ekovest Bhd managing director Tan Sri Lim Keng Cheng has been redesignated as non-executive director with immediate effect, while his alternate director Lim Ding Shyong also stepped down, citing “other commitment” as reason.
Bank Pembangunan Malaysia Bhd said on Wednesday it is providing financing totalling RM253.5 million for construction of a data centre in Cyberjaya, Selangor.
Loss-making property developer Thriven Global Bhd is selling four plots of freehold land collectively measuring 50,454 sq m or 12.47 acres in Kulim, Kedah, to raise some RM22 million.
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