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Kota Damansara forest re-gazetted as permanent forest reserve

PETALING JAYA: The Kota Damansara forest, covering 321.7ha, has been re-gazetted as a permanent forest reserve from Feb 18 by the Selangor state government after eight years of advocacy by the Friends of Kota Damansara (FOKD).

Originally known as the Sungai Buloh Forest Reserve, the forest was first gazetted in 1898 with an area of 6,590ha.

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SP Setia ups FY10 sales target

SHAH ALAM: Property developer SP Setia Bhd has increased its sales target to RM2 billion for FY10 from RM1.65 billion previously on the back of strong sales of RM608 million for the first quarter of FY10, said president and CEO Tan Sri Liew Kee Sin.

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Make full use of idle land, Perak govt agencies told

IPOH: Perak Public Accounts Committee chairman Datuk Seri Raja Ahmad Zainuddin Raja Omar on March 2 called on government agencies in the state to make full use of their idle land to prevent them from being occupied by squatters.

He said the agencies could get advice and information from the district and land office on how to utilise the land.

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Britain announces soft loans for home efficiency

LONDON: British households will be able to take out soft loans to improve the efficiency of their homes from 2013, repaying these from energy savings made, the government said on March 2.

The "Warner homes, greener homes" initiative aimed to cut carbon emissions from homes by 29% by 2020.

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Naim Holdings acquires 15% equity interest in Plus Viable for RM585,000

KUALA LUMPUR: Property developer Naim Holdings Bhd acquired a 15% equity interest in its sibling Plus Viable Sdn Bhd for RM585,000.

In a filing to Bursa Malaysia on March 2, the developer said the acquisition was done by its wholly owned sub-subsidiary NCSB Engineering Sdn Bhd from construction contractor Chiew Kee Engineering Sdn Bhd on March 1.

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