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MRCB: Shopping for choice land

With its KL Sentral project due for completion in a few years, it is crucial for MRCB to formulate a new strategy in order to continue its legacy in the property sector.

Mah Sing Group: Another industrial launch soon

19.18ac freehold industrial land acquired in HICOM Industrial Estate, Shah Alam, making it Mah Sing Group’s (MSGB) first acquisition for the year and the 6th local landbank purchase in the last six months. The land was acquired from Quill Industrial Properties Sdn Bhd for a purchase consideration of RM45.5 million.

Quayside’s first block 50% sold after weekend launch

GEORGE TOWN: E & O Bhd's RM1.8 billion Quayside seafront luxury condominiums officially launched on Feb 7 (Sunday) has reached 50% in sales for its
first block of 298 units.

Initially, E & O hoped to achieve 50% sales within two months after the official launch for the units priced between RM765,000 for a 1-bedroom unit to RM4.3 million for a penthouse.

Singapore’s first casino may open CNY weekend

SINGAPORE: Singapore is set to open its first casino as early as this weekend, the city-state’s latest roll of the dice in its efforts to turn from a staid manufacturing hub to an Asian playground for the rich.

Rentak Arena’s RM99 million Templer Hills bungalows almost 50% sold

KUALA LUMPUR: Rentak Arena’s Templer Hills, consisting 30 units of 3-storey and 25 units of 4-storey freehold bungalows near Selayang in Selangor, is almost 50% sold since its launch on Jan 23. Templer Hills, with a gross development value of RM99 million, is priced from RM1.5 million to RM2.8 million.

OSK Research maintains Buy on WCT

KUALA LUMPUR: OSK Research is maintaining a Buy on WCT as it is one of the research house's top sector picks as it envisages more positive news for the company.

The research house said on Tuesday, Feb 9 that WCT's 4Q FY09 results will be released on 24 Feb, which it expects to be in line with its forecast.

CHHB served with RM23m suit for RPGT

KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) has been slapped with a RM22.6 million bill by the government for real property gains tax (RPGT) for assessment years 1993, 1998 and 1999.

Education Ministry to terminate contracts for 45 projects

GUA MUSANG: The Education Ministry will terminate the contracts for 45 projects under the Ninth Malaysia Plan which have not been completed on time, its deputy minister Dr Mohd Puad Zarkashi said.

He said that of the projects, 21 were school buildings while the rest were quarters, hostels, canteens and various types of buildings.

WCT awarded contract in Bahrain

KUALA LUMPUR: WCT Bhd has been awarded a contract on Feb 8 by MAF Investment Bahrain BSC (C) to undertake fit out works for Bahrain City Centre Hotels via its WTC's 50%-owned company, Cebarco-WCT W.L.L.