Editor's Pick

MRT Corp starts tender process for MRT3 Circle Line

In a statement on Thursday (April 28), MRT Corp said the RFP is open to companies with experience in managing at least one railway project in Malaysia or overseas of a minimum aggregate value of RM1 billion. The project should also have at least two of three elements, which are elevated stations and viaducts, underground stations and bored tunnels, or railway systems.

DONE DEAL: Penthouse unit at Ameera Residences, Petaling Jaya, Selangor

Noteworthy:

  • Freehold

  • Built-up: 3,250 sq ft

  • Semi-furnished

  • Five bedrooms, six bathrooms

  • Accessibility: Lebuhraya Damansara Puchong (LDP), Jalan SS2/24, Jalan 17/47, Jalan Universiti and SPRINT Highway

  • Amenities: public schools and tertiary education institutions, nearby neighbourhood malls within 5km vicinity such as SS2 Mall, 3 Damansara and 1 Utama Shopping Centre as well as nearby shoplots for daily necessities.

When: October 2021

IGB Commercial REIT posts net property income of RM30.43 million in 1QFY22

Following the positive trajectories of better market stability and renewed signs of interest, IGB Commercial REIT said it will continue to position itself as the preferred partner for real estate solutions, focusing on building strong relationships with tenants, and maintaining expenses at reasonable levels.

S P Setia to raise up to RM1.18b from rights issue

The group intends to utilise the gross proceeds raised from the proposed exercise to redeem all outstanding RCPS-i B which were issued in December 2017 and to repay borrowings. As at April 8, 2022, it had 1.18 billion RCPS-i B amounting to RM1.04 billion in issue.