KUALA LUMPUR (March 4): The MoneyX financial app, powered by Hextar Technologies Solutions Bhd (HexTech), was officially launched with a total of 43 partners last Friday (March 1). At its soft launch in October last year, 15 partners had signed on, while its official launch held at a hotel here also saw a signing…
Read MoreKUALA LUMPUR (March 4): The development of Malay reserve land, particularly for constructing more affordable housing, can provide greater opportunities for Bumiputera to become homeowners, especially in the city centre area. Honorary professor at the Institute of Ethnic Studies, Universiti Kebangsaan Malaysia, Prof Dr Mansor Mohd Noor (pictured), believed that the move could also help…
Read MoreKUALA LUMPUR (March 4): IJM Land Bhd has launched The Promenade, the latest commercial development of Bandar Rimbayu township, in Telok Panglima Garang, Selangor on March 1 and has since achieved a 60% take-up rate. The Promenade, which features two and three-storey shop offices, will have a gross development value of RM300 million. The shop…
Read MoreKUALA LUMPUR (March 3): The bumiputra property discount should only be maintained for homes that are not within the luxury segment. This was the view Tan Sri Abdul Wahid Omar (pictured), who presented the findings of a cluster on wealth creation at the Bumiputra Economic Congress 2024, reported The Star yesterday. Wahid, who is also…
Read MoreKUALA LUMPUR (March 1): Kumpulan Jetson Bhd has initiated a legal action against requisionists of a failed attempt to call for an extraordinary general meeting (EGM) to remove the entire board of directors of the construction group. In a filing with Bursa Malaysia on Friday, Kumpulan Jetson said it had through its solicitors filed a…
Read MoreKUALA LUMPUR (March 1): Renewable energy player Pekat Group Bhd is selling an industrial freehold land, measuring 12,813.89 sq m, for RM21 million cash, to realise the value of the unused property, with proceeds from the sale to be used for working capital. The group’s wholly owned Pekat Teknologi Sdn Bhd had, on Feb 29,…
Read MoreThe property developer is required to submit the overdue report by March 7, 2024, or trading in the company’s securities will be suspended from 9am on March 8, 2024. Country Heights Holdings missed the Feb 29, 2024 deadline to submit the quarterly report to Bursa Malaysia Securities. (Country Height Facebook pic) PETALING JAYA: Bursa Malaysia…
Read MoreKUALA LUMPUR (March 1): Shares in S P Setia Bhd surged in early trade on Friday, as more analysts turned bullish and saw more upside following the property developer’s above-consensus fourth-quarter earnings. S P Setia rose as much as 5.3% to 89 sen before paring gains to 87 sen — still up 2.5 sen or…
Read MoreKUALA LUMPUR (Feb 29): Crockfords at Resorts World Genting (RWG) has once again been awarded the 5-star rating from the Forbes Travel Guide (FTG), marking the hotel’s sixth consecutive year of being awarded the recognition, which also sets it apart as the only hotel in Malaysia to be so acknowledged by the guide. The recognition…
Read MoreKUALA LUMPUR (Feb 29): Selangor state-controlled Kumpulan Perangsang Selangor Bhd (KPS) is disposing of Plaza Perangsang in Shah Alam, a 36-year old building which the group occupies as its main office, for RM46 million to Perbadanan Kemajuan Negeri Selangor (PKNS). PKNS is a substantial shareholder of KPS with a 5.52% stake, according to Bloomberg. KPS…
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