KUALA LUMPUR (Nov 11): Kuala Lumpur City Hall (DBKL) has issued a stop-work order last Saturday after receiving a complaint on Thursday from residents of PPR Wangsa Sari about an explosion at the J Satine condominium construction site in Wangsa Maju here. According to a DBKL statement, the explosion was reportedly caused by structural failure at Block C…
Read MoreKUALA LUMPUR (Nov 7): Kumpulan Jetson Bhd (KL:JETSON), which is being sued by OCR Group Bhd (KL:OCR) over alleged breaches of an RM88.03 million contract to build four blocks of serviced apartments in Jalan Yap Kwan Seng here, said on Thursday it is not a party to the disputed contract as Jetson Construction Sdn Bhd…
Read MoreKUALA LUMPUR (Nov 6): Parkson Holdings Bhd’s (KL:PARKSON) subsidiary, Parkson Retail Group Ltd (PRGL), has secured two major lease agreements in Shanghai and Nanning, China, with a total combined value of approximately RM358.8 million. In a filing with Bursa Malaysia on Wednesday, the company said PRGL’s indirect subsidiary, Shanghai Nine Sea Parkson Plaza Co, Ltd,…
Read MoreThe legal dispute, which started six years ago, centred on the divestment of the land by Star Media to JAKS Resources in 2011, in return for JAKS Resources building a 15-storey office building for Star Media on the site. KUALA LUMPUR (Nov 6): JAKS Resources Bhd (KL:JAKS) on Wednesday said it has agreed to pay…
Read MoreHaving a high credit score can help you get a better mortgage, pay less interest and access to more financing options. No one can dispute the fact that credit scores have proven time and time again to be major determinants in property transactions. In today’s increasingly interconnected world, credit scores have become a crucial factor…
Read MoreThe Department of Statistics Malaysia (DOSM) estimated that Malaysia may become an aged nation by 2030. Malaysia’s population is beginning to age. Our Southeast-Asian nation is undoubtedly experiencing rapid ageing thanks to its growing segment of elderly individuals. This phenomenon is much more pronounced in urban areas, where younger people have migrated away in search…
Read MorePets today even share seats at restaurants and are rocked to sleep in a pram. Moving to a new home can be a stressful experience for both humans and pets. Everything from the packing to transportation is a transition to a different environment. The disruption to their daily routine can induce anxiety and behavioural changes…
Read MoreLawyers dispute govt’s claim Semantan Estate only entitled to compensation, not return of Duta Enclave land Following the long-standing pre-Merdeka land dispute case, a three-member Court of Appeal (COA) bench hearing two separate appeals by Semantan Estate and one appeal by the government over having to transfer the land to the company free of encumbrances,…
Read MoreKUALA LUMPUR (Nov 7): Eco World Development Group Bhd announced today that following its participation in a request for proposal process initiated by Boustead Properties Bhd, it had inked several agreements to develop 10 parcels of freehold land measuring 847.249 acres in aggregate (New Land). These include the entry by its 81%-owned subsidiary, Mutiara Balau…
Read MoreM Aurora will have an estimated gross development value of RM660 million and offer two-, three- and four-bedroom layouts, with indicative built-up sizes of 702, 852 and 1,005 sq ft respectively. Selling prices start from RM468,800. The project will also offer retail lots, including drive-thru units. KUALA LUMPUR (Nov 7): Mah Sing Group Bhd (KL:MAHSING)…
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