Editor's Pick

DONE DEAL: Condominium at TriTower Residence, Johor

Noteworthy:

  • Freehold

  • Built-up: 1,262 sq ft

  • Two bedrooms, two bathrooms

  • Unfurnished

  • Facilities: Sky lounge, fitness area, infinity pool, sauna, multipurpose room, gymnasium, wading pool, swimming pool, 24-hour security with multi-tiered access card system

When: November 2021

If need be, spend your children’s inheritance!

Malaysia is fast becoming an aged nation, even by global standards. According to World Bank estimates, Malaysia joined the ranks of an ageing society (with 7% of its population aged 65 and over) in 2020. The country is en route to becoming an aged society in 2044 (with 14% of its population aged 65 and over), and super-aged society in 2056 (with 20% of its population aged 65 and over).

TA Global launches Paradox, a Canadian hospitality brand

Paradox will make its debut in Vancouver, Canada, with its flagship hotel, Paradox Hotel Vancouver, set to open its doors in April this year. The brand will also be introduced in Southeast Asia, with Paradox Resort & Residences Phuket that was recently opened in January and Paradox Singapore Merchant Court at Clarke Quay in April. 

Eastland Equity proposes asset acquisition, capital reduction, diversification to improve financial position

In a bourse filing, the company said its wholly-owned subsidiary FBO Land (Setapak) Sdn Bhd has inked a conditional sale and purchase agreement with Eastland, Top Land Resources Sdn Bhd, Mentiga Development & Construction Sdn Bhd and Leading Ventures Sdn Bhd for the purchase of the commercial units for RM24.8 million, to be satisfied via the issuance of 381.54 million new shares at 6.5 sen apiece.