EP 2 FRIDAY DECEMBER 7, 2018 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my Three killed in Kuching mall blast WeWork to open ˎ rst ofˎ ce in Malaysia next year An explosion rocked CityONE Megamall in Kuching, Sarawak, at New York-based co-work- only are we trying to help around 3.30pm on Dec 4, killing ing space WeWork has an- companies around the three and injuring 44 people. nounced the opening of its world enter Malaysia, Kuching District Police Chief, first co-working space in we are also looking at ACP Ng Ah Lek said the dead were Kuala Lumpur in 1Q19. how we can work closely identifi ed as O Kui Lim, 49, Tchee To accommodate 1,900 with the government Kiom Joong, 24 and Chin Hsien members over five floors, and other partners Loong, 29. its biggest offi ce to date in around Malaysia to Two of them were workers of Southeast Asia will be locat- help expand globally. Nene Chicken, a restaurant in the ed at Equatorial Plaza and The WeWork network of mall that was undergoing renova- will off er three main servic- 335 physical locations tions while another was an employ- es – hot desking, dedicat- and 320,000 members ee of the contractor undertaking ed desks and private offi ce around the world is what the renovation works. suites. differentiates WeWork They were confirmed dead at Fees charged will include from similar co-working The Edge Property Sdn Bhd (1091814-P) the scene as the building structure 24/7 access to the offi ce, utilities, to enter the Malaysian market, spaces out there,” said Fuad. Level 3, Menara KLK, had collapsed on them during the free flow of beverages, meeting which is supported by the WeWork’s local partner for No 1 Jalan PJU 7/6, Mutiara explosion. rooms and printing service cred- sustained and strong outlook for Malaysia is Daman Land, whose Damansara, 47810 Petaling Jaya, Selangor, Malaysia The explosion was believed to its, high-speed WiFi access and Malaysia’s economy. role is to help WeWork engage with have been caused by a leaking gas entry to all 335 WeWork locations “WeWork has been around landlords as well as source for EdgeProp.my pipeline at the restaurant. globally. for eight years and what we are spaces to operate in, in Malaysia. WeWork Southeast Asia doing — especially in the global WeWork is currently present Managing Director/Editor-in-chief Au Foong Yee Forest reserve to director Turochas ‘T’ Fuad said network — is one thing that sets in 83 cities and 24 countries be degazetted for the American company is excited us apart from everyone else. Not around the world. EDITORIAL Executive Editor Sharon Kam housing project? Editor Lam Jian Wyn Deputy Chief Copy Editor A public hearing to obtain feedback (FRIM) in Kepong and stretches Abandoned was used this year to complete a James Chong on a proposal to degazette a part of over 3,624.1ha. project in Taman Desa Mawar in Copy Editor Vanessa Gnanasurian project revived Senior Writers the Bukit Lagong Forest Reserve in According to plans that are dis- Kuala Selangor. Rachel Chew, Tan Ai Leng Gombak for a housing development played at the Selangor Forestry The Selangor government’s “We are looking to fund two Writers project is under-way. The 30-day Department office in Shah Alam, RM18 million allocation for the other projects in Kampung Natalie Khoo, Shawn Ng Art Director Sharon Khoh hearing will allow stakeholders in a housing development has been completion of abandoned projects Melayu Rasah, Ampang Pecah Senior Designer the Gombak district to voice their proposed on a strip of land between under the Abandoned Projects and Kampung Koskan Sungai Jun Kit objections to the proposed degazet- the two residential areas of Taman Revival Fund (Tepat) has yielded Cho,” Haniza was quoted as saying Designer Rajita Sivan tement of 28.3ha near the fringe of Amansiara and Templer Hills, just results. in an English daily. the forest reserve. 2km away from the forest reserve’s Selangor Housing and Urban Haniza was answering a ques- For New Launches/Events/ The Bukit Lagong Forest Reserve recreational area of Taman Rimba Living Committee chairman Haniza tion from Lee Kee Hiong (PH-Kuala Press Releases/News Tips email: [email protected] is located close to the Forest Bukit Lagong and Kampung Orang Talha said RM6mil of the amount Kubu Baru) regarding the amount Tel: (03) 7721 8211 Fax: (03) 7721 8280 Research Institute of Malaysia Asli Bukit Lagong. which had been allocated in 2016 allocated to the fund. ADVERTISING & MARKETING Associate Account Director, How do I get past issues of this weekly pullout? Advertising & Marketing trending Heidee Ahmad (019) 388 1880 Go to www.EdgeProp.my to download for free Senior Account Manager now Ian Leong (012) 359 1668 Account Manager Evelyn Chan (012) 383 7484 If you have any real estate-related events, email us at [email protected]. Marketing Support & Ad Trafˎ c LAUNCHES + EVENTS Madeline Tan (03) 7721 8218 Events listed here will also appear on www.EdgeProp.my. email: [email protected] BUSINESS DEVELOPMENT Enchanted Treat your kids to a fun day out Manager Nimalen Parimalam Christmas at Bandar at Sime Darby Property’s SERINI Account Manager Stannly Tan Sri Sendayan Melawati. Enjoy the petting zoo PRODUCT DEVELOPMENT Date: Dec 8 & 9 (Sat & Sun) as you teach the kids a thing or & CUSTOMER ADVISORY Time: 10am to 9pm two about our delightful animal Senior Manager Elizabeth Lay Venue: d’Tempat Country friends. Light refreshments will Associate Omar Nawawi Club, PT 12653, Jalan be provided, along with other fun For enquiries and listings Pusat Dagangan Sendayan activities for the little ones. both kids and parents. Put your WIN email: [email protected] 1, Bandar Sri Sendayan, hands to work, and craft a beau- Tel: (03) 7721 8174 / 8173 Joey Yap’s Feng Shui two Negeri Sembilan Christmas by the lake tiful piece of pottery to proudly & Astrology Live tickets! EdgeProp.my pullout is published Contact: (06) 792 2688 Date: Dec 8 & 9 (Sat & Sun) display at home! Limited seats, by The Edge Property Sdn Bhd. It is Immerse yourself in the stun- Time: 11am to 6pm so RSVP now. Seminar 2019 available with The Edge Financial Daily every Friday. The pullout ning Christmas decor and festive Venue: Sunway Serene Sales Date: Jan 5 (English) & 6 (Cantonese) is also distributed at more than activities at the event organised Gallery, Lot 72241, Jalan UK Tax Talk & Time: 10am to 5pm 200 ofˎ ces, shopping complexes, Budget Updates condos, medical centres and F&B by Matrix Concepts Holdings SS8/2, SS7, Petaling Jaya Venue: Malaysia International Trade outlets in the Klang Valley. You can Bhd. There will be a Winter Contact: (017) 964 0788 Date: Dec 8 (Sat) and Exhibition Centre (MITEC), No 8, also download it for free at Wonderland Inflatable Globe, Join Sunway Property for an Time: 10am to 6pm Jalan Dutamas 2, Kuala Lumpur www.EdgeProp.my 9D Virtual Reality stations and early Christmas celebration by (Talk at 2pm) Contact: (03) 2284 8080 you’ll even get the chance to the lake at Sunway Serene and Venue: Iris & Hibiscus Th e Edge Malaysia feed deers. enjoy activities such as an out- Room, One World Hotel, The year 2019 is upon us and once door movie screening, a Christ- First Avenue, Bandar again the annual Joey Yap Feng Shui Publisher and Group CEO Petting zoo at mas socks workshop and a DIY Utama, Petaling Jaya & Astrology Liveve Seminar Ho Kay Tat SERINI Melawati Christmas tree workshop. Contact: (016) 228 is back! Join a cocontestntest EDITORIAL Date: Dec 8 & 9 (Sat & Sun) 8691, (016) 228 9150 exclusively for Editor-in-chief Azam Aris Time: 10am to 5pm Pottery workshop Organised by CSI Prop, the EdgeProp.my readerseaders CORPORATE at Setia EcoHill Chief Operating Ofˎ cer Venue: Sime Darby Property talk at 2pm features Adams and win two ticketsckets Lim Shiew Yuin at SERINI Melawati, Level Date: Dec 8 & 9 (Sat & Sun) and Moore UK’s Tan Siew Nee to the seminar. GGoo to ADVERTISING & MARKETING 8, Tower 2, Off Jalan Time: Session A: 11am; who will enlighten guests on www.EdgeProp.my,.my, Chief Commercial Ofˎ cer tax changes in the UK and how to submit your mosmostt Sharon Teh (012) 313 9056 Lingkaran Tengah 2, Desa Session B: 2pm General Manager Melawati, Kuala Lumpur Venue: Setia EcoHill Welcome they aff ect investors. Learn more interesting Fengg Kingston Low (012) 278 5540 Contact: (03) 4162 1788 Centre, No. 1, Persiaran about the new Foreigner’s Stamp Shui questions Senior Sales Managers Ecohill Barat, Setia Ecohill, Duty Surcharge, increases in and be in the Fong Lai Kuan (012) 386 2831 Gregory Thu (012) 376 0614 Semenyih, Selangor Personal Income and Capital running to Creative Marketing Contact: (03) 8724 2255 Gains tax allowances as well as win. Contest Chris Wong (016) 687 6577 Join S P Setia Bhd at Setia other deductions and tax ben- ends Dec 19. Head of Marketing Support & Ad Trafˎ c EcoHill for a hands-on creative efi ts that apply to property and Lorraine Chan (03) 7721 8001 pottery workshop that is fun for other forms of investments. FRIDAY DECEMBER 7, 2018 • THEEDGE FINANCIAL DAILY EP 3 EP 4 FRIDAY DECEMBER 7, 2018 • THEEDGE FINANCIAL DAILY NEWS UEM Sunrise ventures into hospitality with Hyatt House hotel PICTURES BY LOW YEN YEING | EdgeProp.my BY NATALIE KHOO KUALA LUMPUR: UEM Sunrise Bhd opened the fi rst Hyatt House in the Southeast Asian region at Mont’Kiara, Kuala Lumpur yesterday. Located at UEM Sunrise’s mixed development Arcoris Mont’Kiara, the four-star extended stay hotel marks the developer’s fi rst foray into the hospitality sector.