Thursday, June 25, 2009

MK Land eyes RM3b Indian JV project

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(From left): Emkay Group COO Peter Teh, Mustapha Kamal, Deputy Minister of International Trade and Industry Datuk Mukhriz Mahathir and Jiten...

MK Land in India venture

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Developer MK Land Holdings Bhd is partnering two other companies for a RM3 billion residential development project in northern Bangalore, In...

IGB leads stocks of developers higher

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IGB Corp, Malaysia’s biggest owner of commercial buildings, climbed the most in two months, leading developers higher after HwangDBS Vickers...

MRCB's property brand launch in Perak on Saturday

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MALAYSIAN Resources Corp Bhd (MRCB) will be launching its property brand and unveil the second phase of its pioneer project at Bandar Seri I...

Asas Dunia developing over 1,000 homes in Seberang Prai

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GEORGE TOWN: Asas Dunia Bhd will be developing 1,177 units of landed residential properties with an estimated gross sales value of RM203mil ...

Asas Dunia lines up new projects

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PENANG-BASED property developer Asas Dunia Bhd (ADB) is looking at implementing eight new projects in mainland Penang over the next four yea...

SP Setia CEO doesn’t see PNB takeover taking place

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SHAH ALAM: Although Permodalan Nasional Bhd (PNB) has raised its stake in SP Setia Bhd to 32.9% which can easily trigger a general offer if ...

Asian developers more upbeat

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SINGAPORE: Asian property firms are beginning to see light at the end of the tunnel and several are positioning for an upturn even as the wo...

Goldis in final talks with anchor tenants for GTower

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KUALA LUMPUR: Goldis Bhd is confident of a good response for its soon-to-be-completed GTower and is in the final stages of negotiation with ...

Glomac net profit up 66%

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PETALING JAYA: Property developer Glomac Bhd’s net profit rose 66% to RM7.21mil in the last quarter ended April 30, as revenue rose 39% to R...
Wednesday, June 24, 2009

MBSA to relax rules to attract foreign investments

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Already open: The first phase of the i-City project has been completed. The Shah Alam City Council (MBSA) is going easy on its strict rules ...

Property market showing signs of recovery, albeit slowly

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The Malaysian property market is showing signs of recovery, albeit at a slow pace, attributed to government spending and developers taking a...

Khazanah, Boustead in RM50m KidZania venture

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A RM50 million educational theme park from Mexico, KidZania, will open by early 2012 at a new building in Mutiara Damansara in Selangor, jus...

No major issue in finding new buyer for Iskandar land: Azman

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KHAZANAH Nasional Bhd says it sees "no major issue" in finding new investments to replace the Dubai property developer which recen...

Mulpha confident of facing challenges

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MULPHA International Bhd is confident of withstanding the challenges arising from the unprecedented global economic turmoil. Its executive c...
Tuesday, June 23, 2009

LaSalle ready to invest in Asian real estate

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SINGAPORE: LaSalle Investment Management said yesterday it has US$3bil available for investing in Asian real estate and is ready to re-enter...
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YTL to subscribe to Starhill REIT units

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PETALING JAYA: YTL Corp Bhd will subscribe for up to 75% of the total rights units issued by Starhill Global Real Estate Investment Trust (R...

S'pore Starhill REIT rights issue to raise S$337m

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SINGAPORE: Singapore's Starhill Global Real Estate Investment Trust yesterday proposed a rights issue to raise S$337.3 million (S$1 = RM...

Oriental in RM200m hospital venture

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Auto and plantation group Oriental Holdings Bhd (OHB) plans to open a RM200 million specialist hospital in Malacca in 2012 to strengthen its...
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Khazanah: KidZania to be opened by 2012

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KHAZANAH Nasional Bhd and its partner, Boustead Holdings Bhd, expect the indoor educational theme park, KidZania Kuala Lumpur, to be opened ...