KUALA LUMPUR: Tune Hotels aims to have 25 hotels across the UK in the next five years, at an investment to the tune of more than £200 million (RM1.05 billion), revealed group chief executive officer Mark Lankester.

IPOH: TI Homes Sdn Bhd launched the first phase of its RM100 million retirement village GreenAcres this week, situated in Bandar Meru Raya, Ipoh. It currently has confirmed bookings of 30%. There are 170 villas and low-rise apartments within a gated community which are not for sale. Occupants sign a lifetime lease.

KUALA LUMPUR: Eco World Development Group Bhd’s proposed acquisitions and exemption from a mandatory takeover of its shares, have been deemed “fair and reasonable” by Kenanga Investment Bank Bhd.

KUALA LUMPUR: Titijaya Land Bhd is confident of its prospects going forward into 2015, despite a potentially challenging environment in the property sector.

Its deputy group managing director Lim Poh Yit said the property industry is cyclical and the group has a flexible strategy to deal with the ups and downs.

KUALA LUMPUR: The resolution for the reappointment of Tan Sri Ong Leong Huat as PJ Development Holdings Bhd’s (PJD) chairman had to be voted on twice at the annual general meeting (AGM) yesterday.

KAJANG (Nov 27): Shareholders of Protasco Bhd today voted to remove two non-executive directors namely Tey Por Yee and Ooi Kock Aun from the board at its extraordinary general meeting (EGM), which was adjourned from yesterday.

KUALA LUMPUR (Nov 27): Ho Hup Construction Co Bhd saw its net profit increase 566% in the third quarter ended Sept 30, 2014 (3QFY14) to RM18.48 million or 6 sen a share, while nine months cumulative earnings gained 388% to RM46.84 million.

KUALA LUMPUR (Nov 27): Property developer Tropicana Corp Bhd saw its net profit rise 24% to RM29.5 million in the third quarter ended Sept 30, 2014, from RM23.7 million in the previous year.

KUALA LUMPUR (Nov 27): Eco World Development Group Bhd (EWD)’s proposed acquisitions and exemption from a mandatory takeover of its shares, have been deemed “fair and reasonable” by Kenanga Investment Bank Bhd.

KUALA LUMPUR: Hospitality and leisure operator Only World Group Holdings Bhd (OWG), en route to listing on the Main Market of Bursa Malaysia on Dec 18, said works to revitalise the 65-storey Kompleks Tun Abdul Razak (Komtar) tower in Penang is “on track” to be completed by the third quarter of next year (3Q15).