KUALA LUMPUR (April 2): Berjaya Corp Bhd (BCorp) said it has finalised the acquisition of eight parcels of freehold land totaling 20,977.15 sq metres or 5.18 acres in Yokohama, Japan for ¥12.61 billion (RM407.3 million). The group said its wholly-owned subsidiary, Berjaya Yokohama Hospitality Asset TMK (BY-TMK), had on March 29 entered into an agreement…
Read MoreKUALA LUMPUR (April 2): The East Coast Economic Region (ECER) development council (ECERDC) has realised investments totalling RM41.4 billion up to March 2024, or 84% of the RM49 billion target under the ECER Master Plan 2.0 (EMP 2.0). These investments have created 68,000 job opportunities and 23,000 entrepreneurial opportunities in ECER, Prime Minister Datuk Seri…
Read MoreKUALA LUMPUR (April 2): The Malaysian Investment Development Authority (Mida) had approved 4,230 green technology projects worth RM41 billion as of 2023, said Deputy Investment, Trade and Industry Minister Liew Chin Tong (pictured). He noted that the government’s comprehensive ‘whole-of-government’ approach had yielded significant growth in green technology investment. “This underscores Malaysia’s potential in green…
Read MoreKUALA LUMPUR (April 2): Lembaga Tabung Haji is currently in the “early discussion stage” with the government to reclaim its assets that the government acquired at a premium in 2018 through Urusharta Jamaah Sdn Bhd (UJSB). However, Tabung Haji executive director group finance Mustakim Mohamad (pictured) said he could not disclose which specific assets will…
Read MoreKUALA LUMPUR (April 2): Department store operator Parkson Holdings Bhd said on Tuesday its Hong Kong-listed unit Parkson Retail Group Ltd (PRGL) had inked a 15-year agreement to lease 18,004 sq m of commercial space in the city of Guiyang, China. The space will be used for a shopping centre, service projects, offices, warehouses and…
Read MoreKUALA LUMPUR (April 2): Firdaus & Associates Group has announced the appointment of Prem Kumar, a property consultant with 37 years of experience in the real estate industry, as its new managing director in a press statement issued on Monday. Commenting on Prem’s appointment, Firdaus & Associates Group executive chairman and FIABCI Malaysia president Datuk…
Read MoreKUALA LUMPUR (April 1): Marriott Hotels on Monday officially opened Perhentian Marriott Resort & Spa at Pulau Perhentian Kecil in Terengganu, according to a press statement. Located on the northwest coast of the Perhentian Kecil Island, the resort is easily accessible by ferry from the Kuala Besut Jetty, which is an hour’s drive from the…
Read MoreKUALA LUMPUR (April 1): Kenanga Research has maintained its “underperform” rating on Star Media Group Bhd at 42 sen with an unchanged target price of 31 sen and said Star Media is pivoting towards real estate and offering niche weekly publications. In a note on Monday, the research house, however, said it is still early…
Read MoreKUALA LUMPUR (April 1): RHB Retail Research Crescendo Corp Bhd is poised to extend the upside movement after staging a bullish breakout. In a trading stocks note on Monday, the research house said that the counter broke past the RM2.95 resistance to form a fresh “higher high” bullish candlestick. “Coupled with the gap up, this…
Read MoreKUALA LUMPUR (Apr 1): The nation’s capital city will facilitate a convergence of ideas towards socio-economic progress, said experts in city shaping. Think City recently held the Creative KL Talks series with Charles Landry, an international authority on urban creativity, to discover “What Makes A Creative City Work”, particularly for Kuala Lumpur. Think City managing…
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