KUALA LUMPUR (March 14): Global real estate network IQI has signed a Memorandum of Understanding to establish an advanced technology manufacturing park in Cambodia. The event which took place during the Digital Government Forum in Phnom Penh on Tuesday March 12 was witnessed by Malaysia’s Minister of Digital Gobind Singh Deo. Set to be located…
Read MoreBeing aware of local events helps an investor make wise investment decisions. In Malaysia, real estate prices can fluctuate due to events happening around the country. Malaysia is renowned for having a comparatively stable political and economic environment. Predictability and stability are key components that draw in investors. The general trajectory has been one of…
Read MoreKUALA LUMPUR (March 13): CTOS Digital Bhd’s share price rebounded on Wednesday’s morning after analysts said the recent sell-off was overdone, following the management’s positive stance that the continuity of its operations was not at risk. This follows the High Court’s recent ruling against a CTOS unit in a defamation case. The counter increased by…
Read MoreBy Joseph Wong The majority of property buyers, whether purchasing a home for personal use or investment, often overlook the drainage system of their prospective homes or the surrounding estate. Many assume that developers have addressed such concerns but this isn’t always the case. While most developers fulfil the basic requirements for a functional drainage…
Read MoreKUALA LUMPUR (March 12): Building material wholesaler and distributor Unitrade Industries Bhd has acquired a two-acre land worth RM7.84 million to develop centralised labour quarter (CLQ) solutions located in Sungai Buloh, Selangor. In a filing with Bursa Malaysia on Tuesday, Unitrade said its wholly owned subsidiary Perfect CLQ Sdn Bhd had entered into a sales…
Read MoreKUALA LUMPUR (March 13): Retirement Fund Inc (KWAP) emerged as a substantial shareholder in CTOS Digital Bhd amid heavy selling pressure on Tuesday (March 12) following an unfavourable outcome towards the group in a legal dispute. Stock exchange filings showed that the Malaysia’s public sector pension fund bought 28.81 million shares on the open market,…
Read MoreKUALA LUMPUR (March 12): Boustead Properties Bhd, via its subsidiary Boustead DCP Sdn Bhd, has formed a partnership with Opus International (M) Bhd via its subsidiary Opus Energy Sdn Bhd on March 11 for sustainable energy solutions. Opus International is a wholly owned subsidiary of UEM Edgeneta Bhd. A joint statement on Tuesday said there…
Read MoreKUALA LUMPUR (March 12): Eversendai Corp Bhd said its unit is currently in talks with the Inland Revenue Board (IRB) to withdraw the winding-up petition initiated by the IRB, following the settlement of the amount allegedly owed. Its wholly owned unit Eversendai Engineering Sdn Bhd (EESB) received the winding-up petition letter from IRB on Feb…
Read MoreKUALA LUMPUR (March 12): CTOS Digital Bhd on Tuesday said it is business as usual for the group as the recent court decision against its subsidiary does not prevent it from continuing to provide credit score services. “Regardless of the timing of this case, we will continue to operate and provide the information to financial…
Read MoreKUALA LUMPUR (March 12): Artificial Intelligence (AI) and digital technology are revolutionising the property industry, but implementing automated valuation models (AVMs) poses a challenge according to Arina Kok, partner, Climate Change and Sustainability Services, Ernst & Young Consulting Sdn Bhd at the 2024 Malaysian Housing, Urban Development and Property Summit that was held recently. She…
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