KUALA LUMPUR (April 2): Department store operator Parkson Holdings Bhd said on Tuesday its Hong Kong-listed unit Parkson Retail Group Ltd (PRGL) had inked a 15-year agreement to lease 18,004 sq m of commercial space in the city of Guiyang, China. The space will be used for a shopping centre, service projects, offices, warehouses and…
Read MoreKUALA LUMPUR (April 2): Firdaus & Associates Group has announced the appointment of Prem Kumar, a property consultant with 37 years of experience in the real estate industry, as its new managing director in a press statement issued on Monday. Commenting on Prem’s appointment, Firdaus & Associates Group executive chairman and FIABCI Malaysia president Datuk…
Read MoreKUALA LUMPUR (April 2): The Ministry of Energy Transition and Water Transformation has kicked off the bidding process for the fifth round of the Large Scale Solar programme (LSS5) or LSS-Peralihan Tenaga SuRiA, offering a total generation quota of 2,000MW. According to a notice on the tender and request for proposal (RFP) from the Energy…
Read MoreKUALA LUMPUR (April 1): Marriott Hotels on Monday officially opened Perhentian Marriott Resort & Spa at Pulau Perhentian Kecil in Terengganu, according to a press statement. Located on the northwest coast of the Perhentian Kecil Island, the resort is easily accessible by ferry from the Kuala Besut Jetty, which is an hour’s drive from the…
Read MoreKUALA LUMPUR (April 1): Kenanga Research has maintained its “underperform” rating on Star Media Group Bhd at 42 sen with an unchanged target price of 31 sen and said Star Media is pivoting towards real estate and offering niche weekly publications. In a note on Monday, the research house, however, said it is still early…
Read MoreKUALA LUMPUR (April 1): RHB Retail Research Crescendo Corp Bhd is poised to extend the upside movement after staging a bullish breakout. In a trading stocks note on Monday, the research house said that the counter broke past the RM2.95 resistance to form a fresh “higher high” bullish candlestick. “Coupled with the gap up, this…
Read MoreKUALA LUMPUR (Apr 1): The nation’s capital city will facilitate a convergence of ideas towards socio-economic progress, said experts in city shaping. Think City recently held the Creative KL Talks series with Charles Landry, an international authority on urban creativity, to discover “What Makes A Creative City Work”, particularly for Kuala Lumpur. Think City managing…
Read MoreKUALA LUMPUR (March 29): RHB Retail Research said UEM Sunrise Bhd is set for an uptrend continuation after breaching above the RM1.18 immediate resistance on stronger trading volume. In a trading stocks note on Friday, the research house said that riding above the rising 21-day simple moving average line, the stock is likely to climb…
Read MoreKUALA LUMPUR (March 29): FGV Holdings Bhd’s former chairman Tan Sri Mohd Isa Abdul Samad and its former chief executive Datuk Mohd Emir Mavani Abdullah wrongfully used two luxury condominium units acquired by the company, the High Court ruled on Friday. The use and refurbishment of The Troika units located in Kuala Lumpur city centre…
Read MoreKUALA LUMPUR (March 29): Kitchen cabinet manufacturer Signature International Bhd has received a conditional takeover offer from home-grown building materials specialist Chin Hin Group Bhd on Friday to acquire all remaining shares Chin Hin does not own, at 84 sen per share. The mandatory takeover offer was triggered subsequent to Chin Hin’s acquisition of a…
Read More
