Latest

GLH launches new global luxury hotel and private residences brand

PETALING JAYA: GLH Hotels Management (UK) Ltd, previously known as Guoman Hotel Management (UK) Ltd, has launched a new luxury hotel and private residences brand, Clermont.GLH is a subsidiary of GuocoLeisure Ltd, a London-based global hotel subsidiary of the Singapore-listed GuocoLeisure Group.

ArchiCentre’s S11 house wins Asean energy award

KUALA LUMPUR: The S11 house by ArchiCentre Sdn Bhd recently won an award in the Tropical Building Category of the  Asean Energy Awards 2013.S11 is Malaysia’s first Green Building Index Platinum (design assessment)-rated house that was planned and conceptualised along the lines of a large canopy tree.

Three28 Tun Razak achieves 60% take-up

KUALA LUMPUR: About 60% of the newly launched Three28 Tun Razak service apartments by Tan & Tan Developments Bhd in Jalan Tun Razak was taken up within two weeks of its preview.

Penang and Zenith to sign undersea tunnel job on Sunday

KUALA LUMPUR: Consortium Zenith BUCG Sdn Bhd will sign a preliminary agreement with the Penang government this Sunday to carry out feasibility studies and detailed design works (FSDD) for the proposed Penang undersea tunnel, which reportedly will cost RM6.3 billion.

Aeon injects assets into Tokyo-based REIT

KUALA LUMPUR: Aeon Co (M) Bhd entered into a sale and purchase agreement with Japan-incorporated Aeon REIT Investment Corp (J-REIT) yesterday to dispose of 18.18% of a piece of land in Mukim Pulai, Johor, in a deal worth RM20 million.

The disposal includes an 18.18% undivided share of the Aeon Taman Universiti shopping centre in Skudai, Johor.

Mah Sing bounces back in Johor

KUALA LUMPUR: A day after terminating a deal to purchase 35.26 acres (14.27ha) of land in Johor, Mah Sing Group Bhd entered into another sale and purchase agreement (SPA) to acquire 1,352 acres of agriculture land that it plans to develop into a township over seven years.

Bina Puri bags RM98.58m contract in Sabah

KUALA LUMPUR: Bina Puri Holdings Bhd’s unit, Bina Puri Sdn Bhd, has secured a RM96.58 million contract from Likas Bay Precinct Sdn Bhd to build a KoUMS hostel in Kuala Menggatal, Sabah.     

In its filing with Bursa Malaysia, it said the project was expected to be completed within 24 months.

Setia Haruman inks MoU with Shanghai government unit

CYBERJAYA: Setia Haruman Sdn Bhd (SHSB) and Shanghai Overseas Affairs Service Center Co Ltd (SOASC) have signed a memorandum of understanding for the development of an integrated entrepreneur park in Cyberjaya.

First phase of IJM Land’s Royal Mint Gardens 75% sold

KUALA LUMPUR: IJM Land Bhd has sold 75% of the first phase of its maiden development in London, Royal Mint Gardens, following its launch from Sept 27 to 29 in Kuala Lumpur. This includes a pre-sale take-up of 40% of the units in London.

Protasco extends acquisition timeline for O&G firm

KAJANG: Protasco Bhd is extending its acquisition timeline for Indonesian oil and gas firm PT Anglo Slavic Indonesia (PTI ASI) from Sept 30 to March 31, 2014, said group managing director Datuk Chong Ket Pen.