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Trinity Group introduces AEDs, mobility-assistance equipments in five residential developments in Klang Valley

Dec 20, 2024

KUALA LUMPUR (Dec 19): Trinity Group is equipping five of its flagship developments with automated external defibrillators (AEDs) and mobility-assistance equipment to enhance resident safety and as part of its environmental, social, and governance (ESG) initiatives. In a press release issued Dec 19, the developer said that this initiative addresses the rising need for residential…
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Daughter of Aset Kayamas founder is now Kanger’s largest shareholder

Dec 20, 2024

KUALA LUMPUR (Dec 19): Chai Woon Yun, daughter of Aset Kayamas founder Tan Sri Datuk Chai Kin Kong, has become the largest shareholder of Kanger International Bhd through a private placement. She subscribed for 122.32 million shares through a private placement on Dec 13, representing a 13.9% stake in the company. That raised her total…
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Aeon to appeal High Court’s ruling in tenancy dispute with Ahmad Zaki’s unit

Dec 19, 2024

KUALA LUMPUR (Dec 18): Aeon Co (M) Bhd (KL:AEON) plans to appeal the High Court’s ruling that the department store and mall operator had breached a tenancy agreement it had entered into with Betanaz Properties Sdn Bhd, a 51%-owned subsidiary of Ahmad Zaki Resources Bhd (KL:AZRB). With the ruling, the court had also ordered that…
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Court rules in favour of Ahmad Zaki’s unit in tenancy dispute with Aeon Co

Dec 18, 2024

KUALA LUMPUR (Dec 17): The High Court has ruled in favour of Ahmad Zaki Resources Bhd’s (KL:AZRB) 51%-owned unit, Betanaz Properties Sdn Bhd, in a suit against Aeon Co (M) Bhd (KL:AEON) over a tenancy agreement dispute dating back three years. According to a bourse filing by AZRB, the court, in delivering its decision on…
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YNH Property’s MD Kuan Huat replaces brother Kuan Chon as new chairman

Dec 18, 2024

KUALA LUMPUR (Dec 18): YNH Property Bhd (KL:YNHPROP) executive chairman Datuk Dr Yu Kuan Chon has been redesignated as an executive director of the property developer. Kuan Chon, 62, is YNH Property’s largest shareholder controlling a direct and indirect shareholding of 32.58% as at Oct 7, 2024. Kuan Chon’s brother, Datuk Yu Kuan Huat, who…
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Crest Group acquires industrial property in Puchong to house new HQ

Dec 18, 2024

KUALA LUMPUR (Dec 16): Imaging company Crest Group Bhd (KL:CREST), which was listed on the ACE Market two months ago, said it is acquiring an industrial property in Puchong, Selangor for RM16.5 million to establish its new headquarters. In a filing with Bursa Malaysia on Monday, Crest said it is buying the property from Oasis…
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Property market: Malaysia in the lead

Dec 17, 2024

By Joseph Wong As we step into 2025, Malaysia’s property market is poised for incremental growth, particularly in the realm of foreign home buyers. Experts predict a modest yet sustainable increase of up to 5% in foreign property purchases, reflecting a steady recovery from the pandemic-driven uncertainties of previous years. This forecast signals not only…
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Avaland partners MBSB Bank to incentivise first-time homebuyers of its green-certified projects

Dec 17, 2024

KUALA LUMPUR (Dec 17): Avaland Bhd (KL:AVALAND) has collaborated with MBSB Bank to offer an incentive programme to first-time homebuyers of its green-certified projects, according to a press statement on Dec 12. Through the partnership, Avaland is offering MBSB Bank customers a RM500 credit into their MBSB PrimeGold-i Account, when they purchase homes from the…
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WCT fined RM25,000 for failing to ensure safety of worker

Dec 17, 2024

KUALA LUMPUR (Dec 17): A Sessions Court here imposed a fine of RM25,000 or eight months’ jail on a construction company on Tuesday for failing to ensure the safety of a Bangladeshi worker who died while working at a construction site last year. Judge Norina Zainal Abidin handed down the sentence against WCT Berhad after…
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Transport Ministry hopes Malaysia-China rail network can be realised the soonest possible

Dec 17, 2024

KUALA LUMPUR (Dec 17): The Transport Ministry hopes the development of the rail network connecting Malaysia and China can be realised in the shortest period. Transport Minister Anthony Loke (pictured) said his ministry intends to speed up the development in an effort to benefit from regional relations. He said that Prime Minister Datuk Seri Anwar…
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