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Kimlun Corp gets SC's nod for listing

KUALA LUMPUR: Kimlun Corp Bhd, a one-stop engineering and construction services provider, has received the Securities Commission's approval for its listing on the Main Market of Bursa Malaysia, expected in June.

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Swire Properties sees US$550 mil 2010 profit

HONG KONG: Swire Pacific said it expects its property arm to report an underlying net profit of at least HK$4.2 billion (RM1.77 billion) this year as it prepares for the unit's US$3 billion (RM9.67 billion) initial public share offering.

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Thai Amata says unrest hurting industrial land sales

BANGKOK: Amata Corp, Thailand's biggest seller of industrial land, said some Japanese clients had delayed signing land deals because of political unrest.

Bloody street clashes on April 10 left 25 people dead. Further trouble is in prospect after "red shirt" protesters threatened to march into a business district and troops were deployed in the area to stop them on Monday (April 19).

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JAKS sees upswing in fortunes

KUALA LUMPUR: JAKS Resources Bhd is finally poised for a change in fortunes, with its property and dam projects as well as the US$1.6 billion (RM5.12 billion) independent power plant in Vietnam underpinning a positive outlook.

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UK house price growth picks up in April - Rightmove

LONDON: Britain's housing market gathered pace in April, with sellers asking 6% more for their homes than a year ago, up from 5.3% in March, property website Rightmove showed on Monday April 19

The rise in prices came despite a pick up in supply, with more sellers putting their homes up for sale than at any time since August 2008.

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