Daily Industry News Update (12 March 2021)

INDUSTRY NEWS (12 MARCH 2021)

Rent exemption, discounts for tenants of Federal land, buildings extended

The Federal government has agreed to extend the exemption initiative and 50% discount to tenants of Federal land and buildings. said Energy and Natural Resources Minister, Datuk Seri Dr Shamsul Anuar Nasarah. In a statement yesterday, he said the extension of the initiative was

UEM Sunrise to build RM1.3b mixed development on PJ land

UEM Sunrise Bhd plans to build a RM1.3 billion mixed-use development on the 9.93-acre (4ha) leasehold factory land it has proposed to buy from Dutch Lady Milk Industries Bhd in Petaling Jaya (PJ), Selangor. The proposed development project will be UEM Sunrise’s first project in the

Bursa’s property index rises on growing optimism

Bursa Malaysia’s Property Index traded higher today amid better sentiment surrounding the property sector. The index reached an intra-morning high of 751.69 points, rising by 1.95% or 14.4 points from the 737.29 achieved yesterday. At 11.52am, the index has moderated some of

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