Friday, June 12, 2009
LBI Capital to launch RM190m projects
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PROPERTY developer LBI Capital Bhd plans to launch three projects in the Klang Valley with a total gross development value (GDV) of RM190 mi...
Magna Prima to launch RM700m projects in 2nd half
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PROPERTY developer Magna Prima Bhd will launch three projects worth over RM700 million in the second half of 2009 to boost its income. Its n...
Gamuda rises on rating upgrades
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Gamuda Bhd, Malaysia’s second-biggest builder, rose to a 10-month high after Macquarie Group Ltd and Maybank Investment Bank Bhd upgraded th...
Malaysia to relook stamp duty rate
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WORKS Minister Datuk Shaziman Mansor said the government needs to relook the stamp duty of 0.5 per cent on service contracts, as it is havin...
Thursday, June 11, 2009
SunCity prefers Malaysia for listing
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PETALING JAYA: Malaysia has become the preferred listing destination for Sunway City Bhd’s (SunCity) proposed real estate investment trust (...
Belleview launching projects worth RM500mil on Penang island
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GEORGE TOWN: Belleview Group is launching residental and commercial properties on the island with an estimated gross development value (GDV)...
Terang Jaya to run RM5b Segari project
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CHINA, Abu Dhabi (UAE) and Saudi Arabia are expected to invest RM5 billion to develop a 354-hectare township based on tourism and Islamic co...
UEM Land in talks to get RM350mil
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KUALA LUMPUR: UEM Land Holdings Bhd is in talks with two local banks for RM350mil in funds to finance its projects in Nusajaya. Chairman Tan...
Sunway sells two foreign firms
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KUALA LUMPUR: Sunway Holdings Bhd units Sunway Holdings (Vietnam) Sdn Bhd and Sunway Property (China) Ltd have agreed to dispose of Hochimex...
Starwood to build two luxury hotels in Vietnam
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HANOI: US developer Starwood Hotels plans to build two luxury hotels in Vietnam, including a 5-star resort on the central coast, the governm...
Mudajaya gets Tune Hotels job in JB
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KUALA LUMPUR: Mudajaya Group Bhd has been awarded a project by Tune Hotels Sdn Bhd for the construction of a hotel in Johor Baru. Mudajaya a...
Mudajaya awarded Tune Hotels project
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MUDAJAYA Group Bhd’s (5085) wholly-owned unit, Mudajaya Corp Bhd, has accepted a letter of award from Tune Hotels Sdn Bhd to build a seven-s...
Wednesday, June 10, 2009
Hydro Hotel Penang for sale
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The four-star Hydro Hotel Penang in Batu Ferringhi is up for sale for an estimated RM100 million, sources say. The property, previously know...
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KL, JB among Asia most expensive cities
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SINGAPORE: Kuala Lumpur, Johor Baru and Georgetown are among the cities earning the reputation as most expensive in Asia, according to a lat...
Bitter pill to swallow for Penang developers
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The Penang government's move to take a firm stand in deciding once and for all the fate of four property developers who were said to be ...
RM3bil project in Mersing
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MERSING: Radian Starfish Sdn Bhd will develop Laguna Marina, a RM3bil integrated development on the seafront of Mersing. The development, wh...
Group refinances loan for Singapore project
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SINGAPORE: A consortium comprising City Developments (CityDev), Dubai World and El-Ad Group said yesterday it had successfully refinanced a ...
Tuesday, June 9, 2009
Sime Darby in talks for development project in China
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KUALA LUMPUR: Sime Darby Bhd has been invited by the Weifang People's Government to participate in the development of an economic develo...
CapitaLand arranges credit lines of US$3.7b
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SINGAPORE: CapitaLand, South-East Asia’s biggest developer, said yesterday it has arranged for credit lines of up to 25 billion yuan (US$3.7...
Maybank recommends Kinsteel, Lafarge
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Investors should buy Malaysian steelmakers such as Kinsteel Bhd and cement producers including Lafarge Malayan Cement Bhd before constructio...
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