The report’s objective is to provide an annual assessment of how wealth creation is shaping investment markets while highlighting the opportunities and risks.

In a bourse filing, BLand said its 80%-owned subsidiary, BDS Smart City Co Ltd, has served a written notice on the Yangon Region Government (YRG) to terminate the concession agreement due to non-fulfilment of conditions. The agreement was signed on Feb 7, 2020.

Noteworthy:

• Freehold

• Built-up: 2,370 sq ft

• Land size: 3,412 sq ft

• Four bedrooms, four bathrooms

• Unfurnished

• Accesibility: MRT Pusat Bandar Damansara, Damansara City Mall, easy accessibility via Jalan Semantan, Jalan Damansara, Jalan Tuanku Abdul Halim, SPRINT Highway and Penchala Link

When: January 2022

In a bourse filing on Wednesday (March 2), TCS said its wholly-owned subsidiary TCS Construction Sdn Bhd accepted the letter of award from Remedy on Tuesday.

Originally only a two-storey, the house was renovated and extended with an additional floor. Altogether, the terraced house has a total floor area of 3,000 sq ft sitting on a 1,575 sq ft of land area.

In a statement, Rehda acting president Datuk N K Tong (pictured) recognised the intention behind the proposed RTA that aims to facilitate some issues arising in the market. However, such an act should take into account the fact that not all tenants and landlords have the same needs and capabilities, and require different levels of protection, particularly tenants from the B40 group.

Luster said the acquisition would enable it to build its land bank in favourable areas, where the group can leverage on its extensive experience in building mixed-use developments.

Noteworthy:

• Freehold

• Built-up: 7,520 sq ft

• Land size: 2,850 sq ft

• Six bathrooms

• Unfurnished

• Accessible via Kajang Dispersal Link Expressway, Cheras-Kajang Expressway, Sungai Besi Expressway and North-South Expressway

When: November 2021

According to a press statement on Tuesday (Mar 1), Yong will assume leadership of the business in Malaysia, driving the strategy, growth and operations across Lendlease’s development, investments and construction businesses in the country. The appointment follows incumbent Stuart Mendel’s return to Australia after seven years in Malaysia.

The property segment recorded a 40% increase in revenue to RM188.2 million, and pre-tax profit swelled by 2.5 times to RM54.7 million, compared with 3QFY21. These revenue and pre-tax profit were mainly derived from ongoing projects, as well as a higher share of profits from the group's joint venture projects, MSQ and Agile-Mont Kiara.