TA Enterprise Holdings Bhd (Dec 27, 58 sen)

Sunway Bhd (Dec 27, RM2.50)

KUALA LUMPUR (Dec 27): WCT Bhd has been awarded an investment certificate to undertake a residential and commercial mixed development in Ho Chi Minh City, Vietnam.

The company said on Tuesday that its unit WCT (S) Pte Ltd had been granted the certificate to undertake the development on a land measuring 46,577 sq m in the New Urban Development Area of Saigon South in Ho Chi Minh City.

KUALA LUMPUR (Dec 27): Sunway Holdings Bhd shares edged up on Tuesday after its unit  secured a contract worth RM27.57 million from Hap Seng Land Development (JTR) Sdn Bhd for the construction of pilings, basement and ground floor for one block of 43-storey service apartment at Jalan Tun Razak, KL.

At 9.48am, Sunway was up three sen to RM2.49 with 87,000 shares traded.

SHENZHEN/GUANGZHOU (Dec 27): The first high-speed trains between Shenzhen and Guangzhou began operating on Monday, completing the 102km journey in just 35 minutes.

BEIJING (Dec 27): China will expand a pilot property tax programme in 2012 while speeding up resource tax reforms, Finance Minister Xie Xuren said in remarks published on Monday.

TOKYO (Dec 27): A fund managed by Morgan Stanley looks set to sell its stake in an office, shopping and residential complex in Tokyo back to brewer Sapporo Holdings for ¥40.5 billion (RM1.64 billion), as it withdraws further from Japan's property market.

LONDON (Dec 27): The number of first-time home buyers in Britain fell to a record low in 2011, despite house prices declining to their most affordable levels in eight years, mortgage lender Halifax said in a survey on Monday.

The property market’s cautious turn of late has not deterred Eminent Ace Sdn Bhd from launching  Laman Ceylon, upscale serviced apartments befitting the well-heeled Bukit Ceylon neighbourhood in the heart of Kuala Lumpur.

It is business as usual,” says Dinesh K Nambiar, managing director of Lend Lease Projects (M) Sdn Bhd, of the company’s recent rebranding. Formerly known as Bovis Lend Lease in Malaysia, its name was changed following a global rebranding exercise that is aimed at implementing a unified brand.