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Biggest Ikea in Malaysia to open in Cheras in November

Located in Jalan Cochrane, customers will be able to enjoy Ikea's distinctive brand of Scandinavian design in a much larger space. Spanning 42,000 sq m, Ikea Cheras is 20% bigger than its Mutiara Damansara predecessor.

Brem sees flat earnings growth in FY16

Brem non-independent non-executive director Low U Hwa told The Edge Financial Daily yesterday the civil engineering and construction segment had an outstanding order book of RM300 million — mostly governmental jobs — which could support its earnings for the next two years.

MMC’s unit inks land lease deal with Fuji Oil

Fuji Oil Asia, which is part of Fuji Oil Group, has entered into a lease agreement with Senai Airport City Sdn Bhd for 60 years to construct and operate its manufacturing facility, said MMC Corp in a statement yesterday.

Protasco to hand over Phase 1 of RM10b De Centrum City in December

Protasco Bhd will hand over its entire Phase 1 of the De Centrum City development in Kuala Lumpur South, comprising a shopping centre block with 29 retail units, a serviced apartment block with 320 units, a small office/home office block with 192 units and 54 shoplots to purchasers in December.

UEM Sunrise’s Conservatory 60% sold

UEM Sunrise Bhd has sold 60% of its Conservatory apartments in Melbourne during its worldwide marketing roadshow which started a month ago.