RM10mil facelift for mall

Low receiving a plate of fruits including the pineapple signifying prosperity from the lion dance troupe during the celebration at Ivory Tower in Penang Times Square.

IVORY Properties is giving a RM10mil facelift to its Phase One of the Penang Times Square.

Its chief executive officer Datuk Low Eng Hock said effort to spruce up the building was expected to be completed by end of this year.

“With the facelift, we hope to increase the tenancy rate which currently stands at about 60%.

“Hopefully, all the shop units will be fully occupied by the third quarter of this year.

“Plans are in the pipeline to bring in more branded and mixed components of retailers for the mall,” he told a press conference after a ceremony to usher in the Year of the Monkey on Wednesday.

Low said the facelift would be carried out from floor to floor.

On a separate matter, he said the company was holding roadshows concurrently at Gurney Plaza, M Mall O20 at Penang Times Square and Penang WorldCity sales gallery from now until Sunday starting from 10am to 10pm.

“We are offering RM28,888 cash rewards to purchasers on selected projects,” added Low.

Also present at the ceremony were group executive director Datuk Ooi Chin Loo, group chief operating officer Goh Chin Heng, group deputy chief operating officer Yeong Siew Yan and director Ron Loh. - The Star

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