The new anchor tenants are Village Grocer, Miami Beach, Jungle Gym, Ballet Theatre Malaysia, Sport Planet, Playa Racquet Club, La Boca and 91 Sports Arena. KUALA LUMPUR (July 14): Hextar World at Empire City on Monday announced eight new anchor tenants and it is on track to open its doors to the public in the…
Read MoreTackling climate risks amid population growth By Joseph wong As Malaysia’s population grows and urban centres expand, so too does the pressure on the nation’s infrastructure, resources and environment. With rising demand for housing, food, energy and transportation, the looming threat of climate change has turned the conversation from one of development to one of…
Read MoreHo Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.69 million in loan facilities, for which Ho Hup is the guarantor. KUALA LUMPUR (July 10): Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over tax arrears amounting to…
Read MoreThis marks the second land acquisition involving Avaland and Tan Chong Group this month. KUALA LUMPUR (July 10): Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop into…
Read MoreBank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course. Future policy decisions will continue to be guided by the evolving outlook for domestic growth and inflation. KUALA LUMPUR (July 9): Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) governor Datuk Seri…
Read MoreCGS expects Kitacon to see stronger earnings in 2HFY2025 from project completions, better profit margins Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025. KUALA LUMPUR (July 10): Kumpulan Kitacon Bhd (KL:KITACON) is expected to see stronger…
Read MoreAhmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute According to AZRB’s bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings. KUALA LUMPUR (July 9): Ahmad Zaki Resources Bhd (KL:AZRB) said…
Read More‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land Taking the stand as part of court proceedings on assessing “mesne profits” that is to be paid out to Semantan Estate Sdn Bhd, Nurzahirah Umar said that zoning was one of nine factors she considered when…
Read MoreSime Darby Property unveils a new industrial leasing model in the City of Elmina. In the evolving landscape of industrial development, Sime Darby Property Bhd presents The Cubiz Collection, a next-generation industrial development in Elmina East Industrial Park, City of Elmina, offering a first-of-its-kind ready-built-factory leasing model. Designed to meet the shifting demands of modern…
Read MoreKUALA LUMPUR (July 10): Suntrack Development Sdn Bhd’s ERAT Residence, a condominium in Shah Alam, has achieved a 20% take-up rate since its soft launch in March. Suntrack Development chief executive officer James KK Tan said, “We understand that people go through different life events that sometimes require a shift in accessibility needs around the…
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