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Tag: Malaysia

Posted on December 23, 2024

After KLCC Property’s denial, parent firm confirms takeover of Bandar Malaysia land

KUALA LUMPUR, Dec 23 — An investment arm of Petroliam Nasional Bhd (Petronas), KLCC (Holdings) Sdn Bhd (KLCCH), announced today that it had agreed to buy 486 acres of land from Bandar Malaysia Sdn Bhd …

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Posted on December 23, 2024

KLCC Holdings, not Property, buys Bandar Malaysia

KLCC (Holdings) Berhad (KLCCH) has purchased 486 acres of Bandar Malaysia land – the entire size of the project – for an undisclosed price. The deal was reportedly signed with Bandar Malaysia Sdn Bhd …

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Posted on December 23, 2024

KLCC Property denies RM10b purchase of Bandar Malaysia land, as Escape theme park plan cancelled by Singapore operator

KLCC Property Holdings Berhad (KLCCP) has today denied news reports claiming that it is buying the Bandar Malaysia land for over RM10 billion. “KLCCP wishes to inform that we are not a party to this …

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Posted on December 23, 2024

KLCC Property denies taking over Bandar Malaysia

KLCC Property Holdings Bhd (KLCCP) has denied reports that it is taking over Bandar Malaysia from the finance ministry in a deal valued at up to RM12 billion. In a statement, the company said it was …

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Posted on December 23, 2024

KLCC Holdings takes over Bandar Malaysia

Sdn Bhd (KLCCH) has signed an agreement with Bandar Malaysia Sdn Bhd (BMSB) and Bandar Malaysia Land Sdn Bhd to acquire 486 acres of land.

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Posted on December 23, 2024

KLCC Property denies Bandar Malaysia takeover

KLCC Property Holdings Bhd (KLCCP) has denied reports that it is set to take over Bandar Malaysia from the Ministry of Finance in a deal valued at RM10bil.

( read original story …)



Posted on December 23, 2024

Malaysia’s 1MDB files legal claim against Amicorp Group alleging over $7 bln in fraud

Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over $7 billion in …
Posted on December 23, 2024

Malaysia’s 1MDB files legal claim against Amicorp Group alleging over $7 bln in fraud

Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over $7 billion in …
Posted on December 22, 2024

Demand for property to remain steady in 2025

Following a steady performance this year, the Malaysian property market is expected to resume its stable growth momentum into 2025.

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Posted on December 22, 2024

Pan Malaysia to open more A&W outlets

Pan Malaysia Corp Bhd (PMC) is cooking up plans for 2025 as the company focuses on expanding the A&W franchise after acquiring the remaining 49% stake from Inter Mark Resources Sdn Bhd in a related …

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