Construction and engineering firm Koh Brothers Group, together with another stakeholder, has sold off joint venture Buildhome Pte Ltd for S$41.6 million (RM130.4 million), according to a report by The Business Times.
The consortium said it may acquire another 19.9% stake in WBL at S$2.07 per share at a later date.
From a year ago, resale prices were 2.2% higher, also mainly led by the CCR and RCR.
Six Singapore companies are teaming up to participate in high-speed rail projects starting with the Kuala Lumpur-Singapore high-speed rail.
Plans are afoot for more active and aggressive land-banking at CapitaLand, after the opening of four integrated projects in China in April, including three Raffles City projects.
It becomes the first foreign bank to invest in the development.
Property group ropes in Hongkong Land to develop prime Singapore land.
The acquisition is in line with its strategy of redeploying capital from its existing property portfolio...
Opposition lawmaker Tony Pua has lambasted Prime Minister Datuk Seri Najib Razak for making up plans for Bandar Malaysia as he goes along, and criticised the development as one that “lacked any direction”.
A Singapore consortium was yesterday given the master development rights to the Amaravati City Start-up Area in India’s southern Andhra Pradesh state.
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