Al-Salam REIT chief executive officer Datuk Kamaruzzaman Abu Kassim said the assets will be a combination of retail and offices within the vicinity of Kuala Lumpur and the state of Johor.

Speaking to reporters after the company’s annual general meeting today, Ireka group managing director Lai Voon Hon said Aseana was on track to dispose of its assets and return capital investments to its investors.

The group’s operating companies in Johor include PTP, Johor Port, Senai Airport City, Senai Airport Terminal Services and Seaport Worldwide.

Earlier this month, Prasarana named MRCB-George Kent Joint Venture as the project delivery partner (PDP) for the LRT3 project from Bandar Utama to Klang. The company was selected from the seven in a closed tender.

Located in Jalan Cochrane, customers will be able to enjoy Ikea's distinctive brand of Scandinavian design in a much larger space. Spanning 42,000 sq m, Ikea Cheras is 20% bigger than its Mutiara Damansara predecessor.

This project is amongst others that have been announced to develop the 2,330-acre Kwasa Damansara township development in the next five years.

Torius Property is a large-scale suburban retail mall located in the satellite town of Hisayama-machi of Kasuya-gun, which is 13km from central Fukuoka City on Japan’s Kyushu Island.

Brem non-independent non-executive director Low U Hwa told The Edge Financial Daily yesterday the civil engineering and construction segment had an outstanding order book of RM300 million — mostly governmental jobs — which could support its earnings for the next two years.

Fuji Oil Asia, which is part of Fuji Oil Group, has entered into a lease agreement with Senai Airport City Sdn Bhd for 60 years to construct and operate its manufacturing facility, said MMC Corp in a statement yesterday.

Binastra Land notes that there is still demand for residential properties, and the price tag is in a range considered "acceptable" by buyers.