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Wednesday, October 24, 2007

Students check out building site

By The Star

With dark skies looming in the horizon, rain seemed imminent yet the feng shui practitioners were determined to go on with their site audit.

Armed with their notes and luopan, the 30 practitioners - all students of Feng Shui Mastery programme conducted by feng shui consultant and best-selling author Joey Yap - pressed on with the final part of their programme.

The students came form all over the world, including Poland, South Africa and Singapore, and were given about an hour to survey the landscape before returning to present their findings to Yap.

The site audit was conducted at the construction site of the semi-detached Villa Green 3A fairway villas in Damansara Indah.

The 86 units are being built on 4.05 hectares (10 acres) of land by Damansara Impian Sdn Bhd, a joint venture company between the Dijaya Group and PKNS.

Each fairway villa consists of eight rooms and bathrooms housed within three storeys and a built-up area of 540 sq m (6,000 sq ft).

According to Yap, the case study was a vital part of the programme, as external feng shui is more important than internal feng shui.

"Knowing the land contour and formation is very important in feng shui, because the feng shui within the home should be tapped to the external," said Yap.

"I always say, don't sweat the small stuff. If you get the big things right, then you don't have to worry so much about the small things; if the feng shui within is tapped to the external, then you can do anything you want inside the house."

In spite of the blazing sun which came out immediately after the rain, the students went on doggedly with their task, and were seen discussing their findings in groups.

"It's not easy, but I am very interested in feng shui and have been doing it on a part-time basis," said Sonice Chau from Singapore.

"This is our graduating class, and I am determined to succeed."


Come Discover Canon City
23 October 2007 (12pm -7pm)
24-25 October 2007 (10am - 9pm)
Kuala Lumpur Convention Centre (Hall 2)

Experience Canon's range of Business and Consumer products, and witness a display of Canon prototypes from the 30s to the 70s. Also, get the attractive souvenirs and put yourself in the running for Canon digital cameras and printers, when you participate in our games and hourly lucky draws*.

There's more ! Every 1000th visitor will get a free Canon digital compact camera*.

Other activities

Picture: Simon Yam

  • Meet-the-fan session with international superstar, Simon Yam on 23rd October at 2.00pm and 24th October at 11.30am
  • Seminars by Canon Marketing Malaysia, with attractive prizes for active participants
  • EOS Service Clinic
  • Touch & Try Product Demo, and a chance to purchase products
  • Career opportunity with Canon Marketing Malaysia

Malaysia Festive Fair 2008

The top choice for Chinese New Year shopping

Date: 10 - 13 January 2008
Mid Valley Exhibition Centre

ONLY RM1,125 perday
Retailers, Wholesalers and manufacturers call now to book your booth!
Limited Booth Available !!

Elite Expo Sdn Bhd
Tel: (603) 9058 8772
Fax: (603) 9058 8773

Australian Education Fair 2007

A showcase of Australia’s prestigious institutions

Saturday, 27 October 2007 – Sunday, 28 October 2007
Kuala Lumpur Convention Centre

Conference Hall 1, 2 and 3, Level 3
12.00pm - 6.00pm daily

Free Admission


How to get there?

From the Suria KLCC shopping centre Concourse Floor, walk to the centre court looking out for the Information Counter. Walk towards KFC and you will see Guardian Pharmacy and Tower Records on your right. Walk through the tunnel between Guardian and Tower Records to the KL Convention Centre.

OR from the Suria KLCC shopping centre Ground Floor centre court, take the park exit into the KLCC Park and turn right. Follow the Esplanade towards the KL Convention Centre and Mandarin Oriental Hotel (passing by Starbucks and San Francisco Steakhouse) and enter via the Park Entrance.

S&P: AmanahRaya REIT credit rating stable

By New Straits Times

AMANAHRAYA real estate investment trust (AR-REIT) has been reaffirmed with a corporate credit rating of BBB-/Stable- by Standard & Poor's (S&P) following the authorities' approval of the second injection of five properties.

AR-REIT, which has an initial asset size of RM336 million, will become the country's second largest REIT with an asset size of RM641 million, upon the completion of the second injection.

According to S&P, the stable outlook on AR-REIT is attributable to among others, the robust rental income, its long lease maturity profile, high level of tenant security deposits, and above-average asset quality with minimal capital expenditure requirements.

"S&P factors in the Malaysian government's support and equity stake in AR-REIT, and the REIT's close links with Kumpulan Wang Bersama (KWB) - a RM6.6 billion common fund guaranteed by the Malaysian government.

"KWB has a stringent selection criteria for its property investments and currently owns 13 properties, of which seven are qualified to be injected into AR-REIT. KWB will continue to have 20 per cent of its total fund in property assets as this is one of its guidelines.

"This means that AR-REIT will have a ready pool of properties to acquire from KWB to ensure that its portfolio consists of above-average quality real estate with a sustainable income stream," S&P said in its report.

Upon completion of its second injection, AR-REIT will be made up of 13 properties from diversified sectors.

S&P reaffirms AmanahRaya REIT rating

By The Star

KUALA LUMPUR: Standard & Poor's (S&P) has reaffirmed its corporate rating of BBB-stable on AmanahRaya REIT (ARREIT).

This is following the approval of the second injection of five properties by the Securities Commission.

ARREIT said in a statement on Monday it was the only Malaysian real estate investment trust (REIT) rated by an international rating agency with an investment grade.

In a separate announcement, S&P said the key attributable factors for the ranking included robust rental income, underpinned by long lease maturity profile and a high level of tenant security deposits.

Other factors, it said, were above-average asset quality with minimal capital expenditure requirements and linkage to Government with ready pool of properties to acquire.

“The 'stable' outlook reflects the REIT's stable rental income, long lease maturity profile, and high level of tenant security deposits,” it said.

ARREIT was set up with the objective of investing in income-producing real estate and real estate-related assets.

It was listed on Bursa Malaysia in February with an initial asset size of RM336mil. – Bernama

Strong first quarter (Q1) results for Sunrise

By Thomson Financial

KUALA LUMPUR: Sunrise Bhd said yesterday net profit in the first quarter to September surged 260% from a year ago to RM75.17mil as ongoing developments continued to bring in strong sales.

Revenue stood at RM220.62mil, up 114% from a year earlier.

First-quarter net profit was also lifted by proceeds from the sale of retail units and car park lots in Plaza Mont' Kiara in Kuala Lumpur.

“The board is confident of the company's prospects in the coming financial year,” Sunrise said in notes accompanying its results.

Substantial unbilled sales and more new launches would sustain growth, it said.

The group's unbilled sales stood at RM1.3bil at end-September.

It will launch 11 Mont' Kiara, a luxurious condominium development comprising 338 units, and Residence, an exclusive bungalow development, by June next year.