Monopoly Championship winner takes home RM28,888 in cash and VanillaCrepe franchise worth RM130,000 Marcus Teng, CEO of PropNex Malaysia: The primary goal was to facilitate learning and enjoyment while promoting financial literacy. KUALA LUMPUR, (Oct 11): It might be fake money you are using in the famous board property game of Monopoly but the top…
Read MoreKUALA LUMPUR (Oct 10): RHB Investment Bank Research reiterated its “overweight” stance on the basic materials sector and said it remains confident on the cement industry, given the inherent synergies with the construction and property sectors. In a sector update on Tuesday, the research house reiterated its conviction that cement demand will continue to flourish…
Read MoreKUALA LUMPUR (Oct 10): The proposed RM450 million acquisition of Menara CelcomDigi by Sentral Real Estate Investment Trust (Sentral REIT) is deemed fair and reasonable, says independent adviser Public Investment Bank Bhd (PIVB). In a circular to shareholders, PIVB recommended to non-interested shareholders of Malaysian Resources Corp Bhd (MRCB) to vote in favour of the…
Read MoreKUALA LUMPUR (Oct 10): Alliance Bank Malaysia Bhd said it is acquiring a 24-floor office suite in Jalan Ampang, developed by Oxley Holdings Ltd’s subsidiary Oxley Rising Sdn Bhd for RM405.84 million. In a Bursa Malaysia filing on Monday, the banking group said the strategic location of the properties at the commercial centre of KLCC…
Read MoreThe EECA will require high energy consumers in the industrial and commercial segments to appoint a registered energy manager and conduct mandatory periodic energy audits. KUALA LUMPUR (Oct 10): The Energy Efficiency and Conservation Bill 2023 (EECA), set to pave the way for effective management of energy demand and sustainable energy consumption of high energy-consuming…
Read More“We hope the government will continue to expand green building development and consider providing small grants to developers,” said Leong. PETALING JAYA: Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list. Property developer Mah Sing Group Bhd’s (Mah Sing) wish list for Budget 2024…
Read MoreThere is a vastly untapped potential to be unlocked in Johor, said Sufian. PETALING JAYA: Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list. Property developer UEM Sunrise Bhd’s wish list for Budget 2024 which will be tabled in Parliament on Oct 13 is as…
Read More“We are hopeful that Budget 2024 will bring about a significant change and positive influence,” said Lim. PETALING JAYA: Following the recent StarProperty special pullout published on Oct 6, several property developers have put forward their Budget 2023 wish list. Property developer LBS Bina Group Bhd’s (LBS) wish list for Budget 2024 which will be tabled in…
Read MoreKUALA LUMPUR (Oct 10): The Auditor General’s Report for 2022 has revealed that weaknesses in recording, monitoring, and enforcement have caused the Railway Assets Corp (RAC) to incur losses of RM12.84 million in rental revenue. Audit checks revealed that as of Dec 31, 2022, RAC had not collected property rental income from 12 tenants, amounting…
Read MoreKUALA LUMPUR (Oct 10): Sime Darby Property Bhd and Maybank announced a partnership to integrate Maybank Home2u financing platform into Sime Darby Property’s online booking system (OBS), offering instant home financing approval and competitive financing rates to homebuyers. In a press release issued on Tuesday, Maybank group CEO of community financial services Datuk John Chong…
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