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For the financial year ending August 31, 2018 (FY18), healthcare provider TMC Life Sciences Bhd (TMC Life) is scheduling for more mergers and acquisitions in the medical and healthcare-related business in both Malaysia and overseas (particularly in South-East Asia and China). TMC is in the final stages of obtaining the approvals from the authorities for…

Spring Gallery Bhd will develop a theme park in Klebang, Melaka, subsequent to gaining rights for the project from the theme park’s operator, Village Roadshow Theme Parks Ltd (VRS). Spring Gallery’s wholly-owned subsidiary, Million Rich Development Sdn Bhd (MRDSB), accepted a letter of intent (LoI) from VRS for the proposed development and operation of the…

OSK Property Holdings Bhd expects to complete its new Iringan Bayu Township in Seremban, which has a gross development value of RM3.6 billion, within ten years. The 770 acre project will be developed in phases and contain a green neighbourhood with a 22 acre recreational park. OSK is also analysing the potentiality of ‘value addition’…

Sime Darby Property held a soft launch for the Rimbun Sanctuary in Bukit Jelutong, which comprises 68 apartment units with built-up areas between 907 sq. ft. and 1,091 sq. ft. (with dedicated units for disabled residents on the ground floor), and 40 townhouses with built-up areas ranging between 1,511 sq. ft. and 2,151 sq. ft….

In March 2018, PPB Group Bhd will be launching a mixed development project dubbed “Megah Rise” at the former Ming Tien Food Court site at Taman Megah, Petaling Jaya. Coming up on a 3.66 acre freehold site, the RM300 million Megah Rise development comprises 228 condominium units atop a retail centre. These condominiums units will…

In 2018, QSR Brands (M) Holdings Bhd plans to open more than 35 new KFC outlets in Malaysia, with investments in excess of RM100 million and also plans to upgrade 200 of its existing outlets. (NST, 31/1/2018)

Owned and operated by Belleview Group, the Aman Central Mall in Alor Star currently receives approximately one million visitors each month. However, monthly traffic is expected to expand by 10% over the next six months to 1.1 million due to the opening of new outlets in December 2017. Aman Central Mall has a total built-up…

IPC Shopping Centre in Mutiara Damansara, Petaling Jaya, has officially publically unveiled its restructured facade following its mall-wide facelift and upgrade. The RM200 million restoration took less than 10 months to complete and comprises five retail floors with 145 stores occupied by new and existing tenants. The anchor tenants of the mall include Ikea, Ben’s…

On January 27, 2018, Cheras LeisureMall unveiled a 200 ft. link bridge connecting level 1 of the mall, to the Taman Mutiara mass rapid transit (MRT) station. The link bridge is the first elevated pedestrian bridge with air conditioning, which connects the MRT station to an adjacent shopping mall. In March 2017, Cheras LeisureMall extended…

LBS Bina Group Bhd’s 1Malaysia Civil Servants Housing Project (PPA1M), “PPA1M Mercu Jalil”, comprises two blocks of 47 storey apartments (1,360 units), inclusive of a nine storey car park facility. Priced from RM245,000, the units have built up areas between 1,000 sq. ft. and 1,200 sq. ft., accommodating a layout of three bedrooms and two…

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