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KPJ Healthcare buys land in Johor for RM7 million

KUALA LUMPUR: KPJ Healthcare Bhd is buying a piece of leasehold land in Johor for RM7.07 million.

In a filing to Bursa Malaysia on March 31, its unit Pasir Gudang Specialist Hospital Sdn Bhd had on the same day entered a conditional sale and purchase agreement with Johor Land Bhd for the acquisition of the 3.25-acre land.

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Bolton to sell remaining stake in Kenneison Builders

KUALA LUMPUR: Bolton Bhd, through its wholly-owned subsidiary Kenneison Brothers Sdn Bhd, is selling its remaining 150,000 shares in Kenneison Builders Sdn Bhd for RM203,171.

In a filing to Bursa Malaysia on March 31, the developer said the 150,000 shares of RM1 each in Kenneison Builders, representing 60% of its equity interest, will be sold to Golden Prima Entity Sdn Bhd.

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Shanghai banks cut mortgage loans discounts for first-time homebuyers

SHANGHAI: The Industrial and Commerical Bank of China (ICBC) has decided to cut discounts for homebuyers on interest mortgage loans, a Chinese daily reported.

The Shanghai Daily reported on March 31 that the Beijing headquarters had ordered the Shanghai branch to cut down the mortgage rate discount for first-time homebuyers from the previous 30%. 

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STA expects timber price to rise 5-10 per cent

KUCHING:The Sarawak Timber Association (STA) is projecting an increase of five to 10 per cent in the price of logs and timber products in the next six to nine months.

Its Chairman, Datuk Wong Kie Yik, said industry players were anticipating prices to increase after seeing a sharp drop in export in the first two months of this year.

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