The fresh fund raised from the proposed new share placement will be used for the subscription for EcoWorld International Bhd’s (EWI) initial public offering (IPO) — in which Tan Sri Liew Kee Sin is the executive vice-chairman. Tian Xiong is the son of Kee Sin.

Its net profit edged up 1.62% to RM61.47 million from RM60.49 million in the corresponding quarter last year, mainly due to higher NPI, according to its bourse filing.

DPS said Shantawood’s JV with landowner Biotrend Estate Sdn Bhd (BESB) is to develop the 15.37ha land using an existing master plan endorsed by Majlis Bandaraya Melaka Bersejarah

The Plaza Rakyat project was abandoned in 1997 during the Asia-Pacific financial crisis and after developer Plaza Rakyat Sdn Bhd ran into financial problems.

Sold for: RM1.02 million (RM500 psf); Concluded by: Freeman Woo Chee Meng of MIP Properties (012-656 7617); When: March 2016

Junainah Mohamad won the best poster award at the International Real Estate Research Symposium (IRERS 2016).

The real estate sector should embrace technology because it will bring value to the sector and change the game, said real estate experts.

Eco World Development Group Bhd (EcoWorld) is proposing a private share placement to raise as much as RM768.39 million for EcoWorld International Bhd's initial public offering (IPO).

TH Properties Group has unveiled its new township Hundred East at Bandar Enstek, Negeri Sembilan, which comprises 100 units of freehold two-storey super link homes priced from RM574,400.

Kimlun told Bursa Malaysia that its unit Kimlun Sdn Bhd had received the letter of award from Meridin East yesterday — which tasked it to construct 492 houses in Mukim Plentong.