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KL Sentral courts foreign embassies

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is eyeing foreign embassies as tenants in its flagship Kuala Lumpur Sentral central business district (CBD), said group managing director Tan Sri Mohamad Salem Fateh Din.

Ivory Properties sells Jesselton land for RM150 million

KUALA LUMPUR (Jan 14): Ivory Properties Group Bhd’s wholly-owned subsidiary, Ivory Indah Sdn Bhd, has entered into a sale and purchase agreement with Jesselton Peak Sdn Bhd for the disposal of a 21.78 ha land in Jesselton, Penang, for RM150 million.

Country Garden receives DoE approval for Forest City project

KUALA LUMPUR (Jan 14): Country Garden Pacificview Sdn Bhd (CGP), the master developer for the controversial Forest City project in Johor, has received the approval on its detailed environmental impact assessment (DEIA) from the Department of Environment (DoE).

Takaso bags RM37.44m construction contract

KUALA LUMPUR (Jan 13): Takaso Resources Bhd has bagged a RM37.44 million-contract to construct a commercial buildings along Jalan Kuching here.

Takaso secured the contract via its wholly-owned subsidiary Takaso Land Sdn Bhd, from OCR Land Holdings Bhd on Jan 12, it told Bursa Malaysia in a filing today.

SP Setia's Precinct 11 new launches exceed expectations

KUALA LUMPUR (Jan 13): SP Setia Bhd, the country's largest property company by market capitalisation, saw the launch of its 3-storey terrace houses dubbed "Caffra" fully taken up, as well as its 3-storey semi-detached Serrata homes 95% taken up, at Precinct 11, Setia Alam, Selangor within a day on Sunday.

Merdeka project CEO joins SP Setia board as non-executive director

KUALA LUMPUR (Jan 12): SP Setia Bhd has appointed PNB Merdeka Ventures Sdn Bhd CEO Tengku Datuk Abdul Aziz Tengku Mahmud to its board as a non-executive director, the group told Bursa Malaysia today.

PNB Merdeka Ventures is a wholly-owned unit of Permodalan Nasional Bhd, which is responsible for the development of the 118-storey Warisan Merdeka project.

Mammoth Empire’s Ng to throw ‘party of the century’

KUALA LUMPUR: Media-shy, hot-shot developer Datuk Sean Ng Yee Teck, 43, will be throwing an exclusive “party of the century” on Jan 23 at the site of the Empire City development located along the Lebuhraya Damansara-Puchong (LDP) highway.