PUTRAJAYA: Land owner, Ishmael Lim Abdullah, is one move away from losing his home after the Court of Appeal ruled yesterday that his land title is null and void.

Lim only has one last legal avenue — the Federal Court — left to hold onto his home.

SHAH ALAM: Some 951 residents of low-cost flats at Taman Chi Liung in Klang failed in their bid to retrieve their strata titles despite a 23-year wait following a High Court decision yesterday.

KUALA LUMPUR: GUH Holdings Bhd will undertake a mixed development project in Seberang Perai, Penang, with a gross development value of RM238 million, after its wholly-owned unit acquired a 99.46% stake in the firm holding the 46-acre (18.6ha) freehold land.

KUALA LUMPUR: Sunsuria Bhd, formerly Malaysia AICA Bhd, is expected to seal its acquisition of four companies and a bungalow project, all of which are linked to its executive chairman and substantial shareholder Datuk Ter Leong Yap, within 30 days following the signing of a heads of agreement (HoA).

KUALA LUMPUR: Ireka Corp Bhd will likely remain loss-making in the financial year just ended, which would be its second straight year of losses, said its executive director Monica Lai Voon Huey.

PETALING JAYA: The late Tan Sri Teo Soo Cheng, the patriarch of low-profile See Hoy Chan Holdings Group (SHC Holdings), has left a strong legacy behind in his family and the local property industry.

KUALA LUMPUR: Having obtained shareholders’ approval for its capital raising plan last week, Sunsuria Bhd, formerly Malaysia Aica Bhd, will this week unveil an asset injection exercise by major shareholder Datuk Ter Leong Yap, aimed at expanding the group’s property portfolio to rival other midsized developers.

FROM the outset, Datuk Seri Chong Ket Pen knew he wanted to build the “Mont’Kiara of KL South” in Kajang. Some would say this is an ambitious plan, especially for a company that only ventured into property development in recent years, but then Chong is a confident man.

AS a government-linked company seeks to avoid a protracted legal tussle with villagers over the redevelopment of 300-year-old Kampung Tanjung Tokong on Penang island, a local property stalwart is eyeing development opportunities in the village.

GOING green is our mission,” says Ahmad Ridzal Ahmad, the CEO of Putra Perdana Development Sdn Bhd.

The company’s latest project, Danau Mutiara in Putrajaya, is being sold as a lifestyle development and will have the green concept seen in its previous projects.

Putra Perdana is the property development and investment arm of soon-to-be-relisted Putrajaya Perdana Bhd.