Titijaya Land Bhd
(June , RM2.43)

KUALA LUMPUR: Grand-Flo Bhd plans to expand its property portfolio via Vortex Business Park, a mixed development in Batu Kawan, Penang with a gross development value (GDV) of RM220 million.

KUALA LUMPUR: Aeon Co (M) Bhd, the Malaysian unit of Japan’s largest retailer, is diversifying into furniture and electronics stores as competition from new shopping malls intensifies. The stock rose to a one-year high yesterday.

KUALA LUMPUR: Fajarbaru Builder Group Bhd, which was involved in the construction of the old low-cost carrier terminal (LCCT) in Sepang, is keen to bid for the project to convert the former terminal into a cargo complex once the tender is opened.

KUALA LUMPUR: Protasco Bhd expects contribution from its construction and property development segments to increase by 10% to 20% respectively of the group’s revenue this year, said its executive vice-chairman and group managing director Datuk Seri Chong Ket Pen.

KUALA LUMPUR: UDA Holdings Bhd expects the Bukit Bintang City Centre (BBCC) project, with a gross development value (GDV) of up to RM10 billion, to have 50% participation by bumiputera contractors.

KUALA LUMPUR: Ivory Properties Group Bhd will incur a higher rate of 8% per annum, or RM7.66 million, in its third instalment payment for land it bought in Penang, after being granted an extension of six months to pay up by Penang Development Corp (PDC).

SEPANG: The government will conduct an audit to address claims that the cost of building klia2 has ballooned to over RM4 billion, said Acting Transport Minister Datuk Seri Hishammuddin Hussein.

He said getting the new low-cost carrier terminal up and running was the priority earlier, but now that it is operational the government will look into what has led to the cost increase.

HIGH-SCHOOL teacher I-Chung Huang said he’s hunted in vain for a home in Taipei’s soaring market for four years, convinced that owning an apartment could help him find a wife.

Eco World Development 
Group Bhd
(June 23, RM5.39)