US-based Horizon Group Properties (HGP) expects the Horizon Village Outlets in Sepang, Selangor to attract 10 million visitors within 12 months after it opens in mid-2018, said its managing director of international business, David Nelson.

Anzo Holdings Bhd will be partnering MCC Overseas (M) Sdn Bhd, a Malaysian subsidiary of Beijing-based Metallurgical Corporation of China Ltd, to kick start parcel one of the development.

Matrix Concepts Holdings Bhd is putting its plans to expand its property development business overseas on hold, as it strives to cater to existing demand for properties in Malaysia.

UMLand has soft-launched a 312-single-bed youth-centric hotel called Bedtel in Bandar Seri Alam in Johor Bahru last month.

Factors evaluated include climate; availability of health services; housing and utilities; isolation; access to a social network and leisure facilities; infrastructure; personal safety; political tensions and air quality.

S P Setia Bhd’s first foray into Bukit Tinggi, Klang has been well-received. The first tower of serviced apartments at its integrated development Trio by Setia has achieved 60% take-up over its weekend launch on April 8.

The industrial premises, which sits on a 3.23ha plot, comprises a three-storey office building with an annexed single-storey factory, two blocks of single-storey factories and a guardhouse.

VGH said the acquisition sees the company gaining control of B.I.G.’s chain of grocery outlets.

Shares in the company settled at their highest closing price of RM6.20 yesterday, after just some 62,200 shares were traded.

The counter climbed RM1.05 or 20.39% today to close at RM6.20 following trades of 62,200 shares. Over the past week, the counter has gained RM2 or 48% since its closing of RM4.20 on April 5.