Private sector can’t compete on cost with government schemes, says consultant.

The fund, Malaysia’s first industrial development fund, is initiated by private equity firm, AREA Management Sdn Bhd.

Sold for: RM510,000 or RM506 psf; Concluded by: Jack Tian of Hartamas Real Estate (OUG) Sdn Bhd (016 434-4681); When: Aug 26

The new design entails, among other things, the site of the future station being moved slightly further from the mall’s location.

Forbes Asia’s annual Best Under a Billion list features publicly traded companies with positive net income for at least a year, with winners selected from 17,000 companies based on sales growth, earnings growth and return on equity.

“Our ultimate goal is to ensure that as Malaysia advances to become a truly developed nation, its construction industry must grow and embrace global standards for modern, efficient and sustainable practices,” said Construction Industry Development Board Malaysia chief executive Datuk Dr Judin Abdul Karim.

MRCB-Quill said additional income from newly-acquired Platinum Sentral also supported profit growth. Platinum Sentral is located within Kuala Lumpur Sentral.

Sanichi's managing director Datuk Seri Dr Jacky Pang Chow Huat said the group is unperturbed by the current property slowdown and remained sanguine on its upcoming launch of its maiden property development project in Klebang, Melaka.

Located in the Dazhi district, along the north bank of the Keelung River, Taipei Marriott Hotel is 10 minutes away from Songshan International Airport.

The Tank Stream Hotel is the latest in the group’s growing chain of international hotels under the St Giles brand, and aims to provide business and leisure travellers with unparalleled access to Sydney’s central business district as well as to some of its finest shopping, eating and tourist destinations.