BEIJING: A company led by top Hong Kong businessman Richard Li said it has sold a landmark Beijing property for more than US$900 million (RM2.9 billion), fuelling speculation about the motive for Chinese property sales by his family.

Eastern & Oriental Bhd
(April 9, RM2.23)

KUALA LUMPUR: Various industry stakeholders are mooting for the establishment of a centralised body to oversee hillslope management in government.

KUALA LUMPUR: Damansara Realty Bhd (DBhd) has received another unusual market activity (UMA) query from Bursa Malaysia, the second in about a month.

In its query yesterday, Bursa Malaysia asked DBhd to furnish details of any corporate development, rumour or report concerning the business or affairs of the group that could account for the unusual rise in its share price recently.

KUALA LUMPUR: Stakeholders of Malaysia’s IT-themed city Cyberjaya are engaging the government in talks to include Cyberjaya in its mass rapid transit (MRT) connectivity plans.

KUALA LUMPUR: Oxley Holdings (M) Sdn Bhd (Oxley Malaysia), the local unit of Singapore developer Oxley Holdings Ltd, is in talks with several government-linked funds to invest in its RM3.5 billion mixed development planned in the heart of Kuala Lumpur.

Kuala Lumpur: While the Auditor-General (AG) commended the Employees Provident Fund (EPF) for the wise management of its foreign property investments in 2013, the AG has also requested assistance from the Public Accounts Committee (PAC) to check on the fund’s escalating overseas real estate investments.

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak and Singapore Premier Lee Hsien Loong have reiterated that the proposed high-speed rail link between the republic and Kuala Lumpur will be completed as scheduled by 2020.

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has complied with almost everything requested by AirAsia Bhd for it to operate from the new low-cost carrier terminal, klia2.

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