KUALA LUMPUR: Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which yesterday awarded five more contracts worth RM519.5 million for the Klang Valley MRT project, said the 51km Sungai Buloh-Kajang Line is 45.6% completed, leaving 11 work packages to be awarded.

KUALA LUMPUR: Property developer Y&G Corp Bhd said it is on track to achieve its RM200 million sales target for its financial year ending Dec 31, 2014 (FY14).

KUALA LUMPUR: AmFIRST Real Estate Investment Trust (AmFIRST REIT) is exploring the purchase of two medium-sized properties, with a value of up to RM250 million collectively, said Panneer Selvam, head of investment at Am ARA REIT Managers Sdn Bhd, the manager of AmFIRST REIT.

PETALING JAYA: Lafarge Malaysia Bhd, the country’s largest cement maker, believes the construction industry is “positively orientated” and will encourage the group’s growth this year.

JOHOR BARU: Reclamation works for the Forest City project, which Singapore fears will have a possible impact on the island republic, does not require an Environmental Impact Assessment (EIA) report as the area reclaimed is not more than 50 acres (20.2ha).

KUALA LUMPUR: The proposed international airport in Kulim, Kedah, to cater to the increase in flights to the northern region is expected to cost RM1.6 billion, said Kedah Menteri Besar Datuk Seri Mukhriz Mahathir (pic).

The costs include land acquisition, the building of basic infrastructure of the airport and two runways.

KUALA LUMPUR: TA Global Bhd, a 63.08%-owned subsidiary of TA Enterprise Bhd, will turn two plots of land in Jalan P Ramlee here known as TA3 and TA4 that are currently used as car parks, into two commercial tower blocks, said its group managing director and chief executive officer Datin Alicia Tan Kuay Fong.

KUALA LUMPUR: IGB Real Estate Investment Trust’s (IGB REIT) unit price has recovered from a low of RM1.12 in January to RM1.22 at last Friday’s closing — yet it was still trading 2.4% below its initial public offering (IPO) price of RM1.25.

KUALA LUMPUR: Property developer Eco World Development Group Bhd is tipped to win the RM7 billion redevelopment project of the Pudu Jail land in Kuala Lumpur, a prized UDA Holdings Bhd property that bumiputera firms say should only be developed by them.

KUALA LUMPUR: The International Architecture, Interior Design and Building Exhibition Malaysia (Archidex) will be holding its 15th installation from June 25 to 28 at the Kuala Lumpur Convention Centre.“This year Archidex marks a milestone for us as we celebrate our 15th instalment of a hugely successful exhibition that has grown in size, strength and influence,” said Datuk Vincent Lim, presiden