Property company LBS Bina Group Bhd's unconditional mandatory takeover offer of ML Global Bhd at 56 sen per share and six sen per warrants was deemed as not fair and not reasonable by independent adviser MainStreet Advisers Sdn Bhd.

The group has lined up RM3.1 billion worth of projects for launch in the next 14 months.

There is speculation that Tan & Tan Developments Bhd, the developer of Desa Kudalari, may buy back the land for redevelopment as its office is located right next to the condominium.

KUALA LUMPUR (May 10): Enra Group Bhd [formerly Perduren (M) Bhd] said it has mutually agreed to terminate a share sale agreement (SSA) with Meridian Hectares Sdn Bhd to dispose of a 30% stake in property developer Landmark Zone Sdn Bhd to the latter for RM13.9 million cash.

Hong Kong is the highest-ranked city in the Asia Pacific, second only to London in the list.

Prices for the homes in Perak start from RM665,000.

It is understood that the project is related to BCB’s Elysia Park Residence, which is located in Medini, Nusajaya.

Hanley Chew had been working in the industry for more than 25 years.

RAM expects the consumer and business sentiment to remain muted amid a slowing economy while lending conditions are likely to stay tight, thus presenting another challenging year for the property sector.

Confirming a report today in The Edge weekly, the property developer said its 99.99%-owned indirect subsidiary, Sunsuria City Sdn Bhd (SCSB), and 99.99%-owned direct subsidiary, Sunsuria Gateway Sdn Bhd (SGSB), have signed an agreement with one of Ever Rich's real estate investment arm, Welcome Global Co Ltd.