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Bertam Alliance Casabella bungalows soft-launched

KUALA LUMPUR: Bertam Alliance Bhd is optimistic that its high-end bungalow project, Casabella, in Kota Damansara in Petaling Jaya, has soft-launched the project two months ago.

Its Executive Chairman Ng Sing Hwa said the official launch is set for this July.

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Orang Asli get RM6.5 million compensation

PUTRAJAYA: After a 15-year legal battle, seven members of the Temuan tribe will receive RM6.5 million from the federal government as compensation for their native customary land which was taken over to build a highway
to the KL International Airport (KLIA).  

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Sunway Holdings (ECM Libra Research) buy; target price RM2.00

1QFY10 : Strong start to the year

Solid results
Sunway reported a 1QFY10 net profit of RM39.9m, inclusive of a derivative gain of RM4.6m arising from the adoption of FRS139. Adjusted net profit of RM35.0m is above expectations, making up 29.8% of house estimates and 30% of consensus estimates. No dividends were declared.

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