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Berjaya Assets is seller of Imbi land

Tan Sri Vincent Tan Chee Yioun’s Berjaya Assets Bhd is looking at a potential sale of a freehold land in Imbi for some RM130 million. Measuring 41,990 sq ft, the land, located next to the integrated Berjaya Times Square commercial development, was acquired 22 years ago.

OCBC Building sold for RM21 million

The four-storey commercial building with a basement, which is located near the Central Market, was sold via an open tender by its owner the OCBC Group, with the tender closing on May 27 last year.

Funding issues for Pan Borneo Highway

There appears to be some misunderstanding between the Sarawak government and Putrajaya over the funding for the 1,089km Sarawak portion of the Pan Borneo Highway project. While Sarawak expects the RM16 billion to build the highway to come from an allocation over and above the normal infrastructure expenditure, Putrajaya, it seems, has been under the impression that the cost of building the highway would come from the regular allocation.