In a filing with Bursa Malaysia, the group said TDSSB (formerly known as Renown Dynamic Sdn Bhd) has exercised its right to terminate the sale and purchase agreement (SPA) signed on Dec 23, 2013, as the conditions precedent were not fulfilled in accordance with the SPA's provisions.

Through Trash2Treasure the public can find recycling centres, as well as find new owners or buyers for their used items through the core function “Trade In Your Ex”.

With land prices only expected to go upwards, there will only be mostly launches that will be priced above INR one crore and above, said JLL India.

Kenanga Investment Bank Bhd said it was "longer-term positive" on Eco World's land buy, as long as the group was able to secure the right partners, and assumes an associate stake in the project.

The group slipped into the red in FY15, posting a net loss of RM20.59 million against a net profit of RM23.29 million in FY2014. Revenue fell 1.55% to RM564.49 million from RM573.24 million in FY2014 reported The Edge Financial Daily today.

In a sector note, analyst Tan Siang Hin said sales growth has slowed down with several developers already toning down their sales target from the beginning of the year.

In a filing with Bursa Malaysia, EcoWorld said the extension was pursuant to the expiry of the six-month period — from the letter of award (LoA) — to obtain the planning permission (planning permission period) and its shareholder’s approval (shareholder approval period) at an extraordinary general meeting, pursuant to the proposed Eco Marina Development on Sept 26.

The property developer had first unveiled the RM10 billion new township in 2007. Spanning 100 acres, the new township will be developed in stages over a 15-year period.

Panellists at discussion themed “Property Watch – Buy, Sell or Hold?” are confident in the outlook of the property market because demand for housing is still strong

In a statement today, Ruark denied that it had continually not complied with the JVA as alleged — or that it had not complied in any way.