<div class=newsTextDataWrapInner><p>SINGAPORE (Dec 10): CapitaLand Mall Trust says it will be redeveloping Funan DigitaLife Mall into an integrated development.</p></div>

<div class=newsTextDataWrapInner><p>Funan has utilised 3.861 of its allowable gross plot ratio of 7.0. It still has an untapped gross floor area of about 388,000 sq ft.</p></div>

<div class=newsTextDataWrapInner><p>“The new building on the Funan site will be an aspirational lifestyle destination that will enthrall shoppers and retailers. It will serve as a collaborative platform to connect retail, cultural, learning and business opportunities,” says Wilson Tan, CEO of CMT management.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The mall is expected to close in 3Q next year and redevelopment works will begin. Redevelopment will take about three years.</p></div>

<div class=newsTextDataWrapInner><p>CMT closed 0.52% higher at $1.92 on Wednesday.</p></div>

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SINGAPORE (Dec 10): CapitaLand Mall Trust says it will be redeveloping Funan DigitaLife Mall into an integrated development.

Funan has utilised 3.861 of its allowable gross plot ratio of 7.0. It still has an untapped gross floor area of about 388,000 sq ft.

“The new building o...

CapitaLand Mall Trust to redevelop Funan DigitaLife Mall

Kossan Rubber Industries Bhd has clarified that the fire at a paint factory in Meru Industrial Park, Klang on Monday (April 29) had no impact on operations at its rubber glove factories.

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The external auditor of Mentiga Corp Bhd, which is involved in oil palm plantation and timber trading, has flagged that the loss-making group's current liabilities have significantly surpassed its group's current assets, based on its financial statements for the year ended Dec 31, 2023.

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The Public Works Ministry (KKR) is ready to bid for an allocation to carry out a feasibility study for the construction of the Labuan-Menumbok (Sabah) bridge, according to Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa.

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The Malaysia-Thailand border, including in Rantau Panjang, is open as usual after a bomb explosion occurred in Gualosira, Pasemas District, Sungai Golok in Southern Thailand on Monday.

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Cocoa plunged by the most ever, slumping as much as 27% in just two days, with price swings becoming more extreme as fewer investors and companies can afford to maintain trading positions.

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Singapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdings Ltd from non-essential activities, after the country’s largest lender improved weaknesses related to a series of glitches in its digital banking services.

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<p>Indonesia is planning to offer dual citizenship to its skilled diaspora as part of efforts to stem a brain drain of local talent.</p>


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<p>Microsoft will invest US$1.7 billion (RM8.1 billion) over the next four years into expanding cloud services and artificial intelligence in Indonesia, including building data centres, visiting chief executive Satya Nadella said on Tuesday.</p>


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<p>Ekuiti Nasional Bhd, the state-owned private equity firm also known as Ekuinas, said on Tuesday it has acquired an 80% stake in pharmaceutical ingredients maker Symbiotica Speciality Ingredients Sdn Bhd.</p>


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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>KUALA LUMPUR (April 30): Stock exchange operator Bursa Malaysia Bhd said on Tuesday that its net profit rose 34% in the first quarter of the year, from a year earlier, thanks to higher trading activity and fees from listings and other services.</p>


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<p>Elon Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, <i>The Information</i> reported on Tuesday, citing the CEO's email to senior managers.</p>


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<p>Iconic Worldwide Bhd’s latest condominium development dubbed Iconic Harmony in Bukit Mertajam, Penang, has been 70% taken up since its official launch on April 22.</p>


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<p>I love Kuala Lumpur, the city where I was born — to be precise, it was in Maternity Ward 3 of the old General Hospital. The wooden structure of Ward 3 has long given way to new medical facilities, but the General Hospital has remained at the intersection of Jalan Pahang and Jalan Tun Razak since ...