KUALA LUMPUR: While many were guessing what would be the next asset that Tropicana Corp Bhd would hive off, the company sprang a surprise on the investing fraternity when it announced the purchase of 18 tracts of land measuring 103.82ha in Pulai, Johor, for RM366.5 million cash.

PETALING JAYA: Kha Seng Group (KSG) showcased over 138,000 sq ft of event space in Kuala Lumpur, at its KL Alive event recently. The event was held at its newly-opened 302-room boutique business hotel Vivatel Kuala Lumpur, in Jalan Loke Yew. “Kuala Lumpur is a city that is constantly buzzing with activities and commerce.

KUALA LUMPUR: UK developer Berkley Group today launches The Tower, a mixed-use project that is poised to be Croydon’s tallest building.The Tower is a 43-storey building with 414 apartment units and penthouses and 17,369 sq ft of retail space located in Saffron Square.Saffron Square is part of a multi-million pound regeneration of the area, that includes the development of 756 new homes in the t

LONDON: Ten cities from around the world were recognised for their innovative approaches in tackling climate change at the City Climate Leadership Awards ceremony in London recently.The inaugural award was organised by Siemens and the C40 Cities Climate Leadership Group (C40).

JOHOR BARU: 1Segamat Mall, the first lifestyle shopping mall in Segamat, is expected to draw a crowd of 45,000 per month. The mall opened its doors on Aug 25.Located in Jalan Kolam Air in Segamat, Johor, 1Segamat Mall is developed and managed by Tashima Development Sdn Bhd — a wholly-owned subsidiary of Ecofirst Consolidated Bhd.

KU HWA SENG, executive chairman of KSL Holdings Bhd, is a man who gets straight to the point. When asked about the company's strategy to grow the KSL brand, he says it will leverage on the group's track record of almost 30 years and continue to build in good locations. "None of our projects failed - that's the key point," he says.

KUALA LUMPUR: SHL Consolidated Bhd’s net profit for the fourth quarter ended March 31, 2013 surged 232% to RM11.39 million from RM4.89 million a year earlier.

This was mainly due to the good response to its housing project in Bandar Sungai Long and a newly launched industrial park in Sungai Choh, both located in Selangor.

PETALING JAYA: Five out of six best performers in a global housing market survey were all in Asia, while all nine Asian markets surveyed saw a rise in house prices during the year. According to the survey conducted by the Global Property Guide, house prices rose in 30 of 42 housing markets with published housing statistics.