KUALA LUMPUR (Feb 18): The Malaysian Anti-Corruption Commission (MACC) has found no criminal elements in the alleged misconduct of a Kuala Lumpur City Hall (DBKL) advisory board member linked to the awarding of a RM4 million project. MACC chief commissioner Tan Sri Azam Baki said the conclusion was reached after reviewing documents provided by DBKL on…
Read MoreDianthus serviced residences at Tropicana Gardens PJ receives GBI Silver certification Dianthus comprises 271 units with built-ups ranging from 601 to 1,401 sq ft. Unit selling prices start from RM825,000 each, and all units have been fully sold. KUALA LUMPUR (Feb 18): Tropicana Corp Bhd’s (KL:TROP) Dianthus serviced residences in Tropicana Indah, Petaling Jaya, has obtained…
Read MoreKUALA LUMPUR (Feb 18): Chin Hin Group-linked Chiau Haw Loon and Chiau Haw Yew have emerged as the third largest shareholder of K Seng Seng Corporation Bhd (KL:KSSC) after acquiring a 5.4% stake in the company via a direct business transaction. The brothers, via private entity Enrich Signature Sdn Bhd, bought 10 million shares in…
Read MoreIn today’s fast-paced urban landscape, finding a home that balances well-being, sustainability, and modern comfort can be challenging. SkyWorld Development Berhad (“SkyWorld” or “the company”) addresses this need through its SkyWorld Healthy Home product design principle—an innovative approach that integrates passive design strategies, smart innovations, and eco-conscious features to create a healthier and more comfortable…
Read MoreKUALA LUMPUR (Feb 18): Construction company GDB Holdings Bhd (KL:GDB) announced it has received a favourable adjudication decision in its dispute with KSK Land Sdn Bhd over payments to be paid following KSK Land’s termination of GDB’s unit as a main contractor for the 8 Conlay project. In a bourse filing on Tuesday, GDB said…
Read MoreKUALA LUMPUR (Feb 13): Metro Healthcare Bhd (KL:METRO) is acquiring a four-storey shop office in Subang Jaya for a cash consideration of RM9.5 million to expand its business. The property is currently tenanted and operating as a private maternity hospital, with the proposed acquisition serving as another key asset in Metro’s expansion strategy, according to…
Read MoreKUALA LUMPUR (Feb 14): ALAIA Titiwangsa is set to be relaunched under the Windsor Collection, following the acquisition of Black Lotus Development Sdn Bhd, the project’s original developer, by Kenneth Lau, chairman of Multifield International Holdings Ltd, Hong Kong. The serviced apartment development with a gross development value of RM285 million located in Taman Tiara…
Read MoreChina to pay GUH Holdings RM119m for compulsory purchase of Suzhou industrial land In a filing on Thursday, GUH said its wholly-owned subsidiary GUH Circuit Industry (Suzhou) Co Ltd has entered into a compensation agreement with the Suzhou High-Tech Zone Shishan Business Innovation District Management Office (SHZ Management Office) for the compulsory disposal of the…
Read MoreThriven Global hit by arbitration claim over RM7.21 mil worth of alleged unpaid dues plus late interests Setiakon is claiming about RM4.43 million that it alleged is an outstanding amount that Mayfair has yet to pay, plus RM2.78 million of late interests. Mayfair is disputing the claimed amounts, according to Thriven’s filing with Bursa on…
Read MoreKUALA LUMPUR (Feb 12): Pavilion Real Estate Investment Trust (Pavilion REIT) (KL:PAVREIT) reported a marginal increase of 0.2% in net property income (NPI) to RM134.86 million for the fourth quarter ended Dec 31, 2024 (4QFY2024), compared with RM134.64 million in the previous corresponding quarter. In a filing with Bursa Malaysia on Wednesday, Pavilion REIT said…
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