MTD completes sale of buildings
KUALA LUMPUR: MTD Capital Bhd has completed the disposal of its MTD Building and Bangunan Shell Malaysia to Haluan Gigih Sdn Bhd, the company told Bursa Malaysia on April 5.
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#Exclusive* Prime land in U-Thant area for sale
KUALA LUMPUR: A prime development land with an indicative worth of RM19.6 million within the upmarket U-Thant enclave near the Kuala Lumpur City Centre is being put up for sale via bidding exercise.
Abu Dhabi Hotels reduce carbon emissions by 5,246 kg
ABU DHABI: Some 66 hotels and hotel apartments across Abu Dhabi emirate reduced hotel carbon emission by 5,246 kilogramme during the March 27 Earth Hour global conservation exercise, Emirates news agency (WAM)
said.
PLB acquires land in Penang for RM38m
KUALA LUMPUR: PLB Engineering Bhd has successfully tendered for 19.86 ha (49.08 acres) of land in the southwest district of Penang island for RM38 million cash as it seeks to expand its land bank.PLB said on Monday, April 5 its unit PLB Land Sdn Bhd had signed a memorandum with the High Court of Malaya, Penang on March 31 pursuant to the successful bid to acquire the land in the court sanctione
More than RM4 billion invested in Sabah Development Corridor in two years
SANDAKAN: The private sector has invested more than RM4 billion in the Sabah Development Corridor (SDC) related projects, since its launch two years ago.
Chief Minister Datuk Seri Musa Aman said in addition, another RM20 billion worth of investments are in the planning stage with some initiatives having been highlighted in the Budget 2010.
Wenzhou to be Ipoh's friendship city
IPOH: The Perak government has agreed to make Wenzhou in China its friendship city to enhance bilateral relations between the two towns, especially in trade, tourism and culture.
Cambodia adopts law to let foreigners own property
PHNOM PENH: Cambodia's parliament adopted a law on Monday (April 5) allowing foreigners to own property directly, one of the aims being to attract more investors to the Southeast Asian country.
Report on new concept of longhouse for 10MP, says Abang Johari
KUCHING: Housing and Urban Development Ministry, in collaboration with Angkatan Zaman Mansang (Azam) Sarawak, will prepare a report for the State executive council on the new concept of longhouse development in Sarawak.
Asian real estate investment markets recover strongly in 2H2009
Asian real estate investment markets recovered strongly in 2H2009 after enduring a difficult start to the year. Investment turnover bottomed out in 1Q but improved thereafter as investor confidence returned, underpinned by low financing costs, the recapitalisation of private and public real estate funds/investors and the stabilisation of prices across key markets.
Emaar Properties to roll over US$1.23 billion in loans: Report
DUBAI: Dubai developer Emaar Properties will roll over 4.5 billion dirhams (US$1.23 billion or RM4 billion) debt maturing in 2010 into long-term project financing deals, a local daily said on Sunday, April 4 citing a company spokesperson.
