PETALING JAYA: TA Global Bhd and Vancouver-based real estate developer Holborn Group confirmed plans to develop the Canadian city’s first Trump development, Trump International Hotel & Tower Vancouver.

PENANG: Selangor Dredging Bhd’s (SDB) RM2 million Sungai Satu river rehabilitation project in Penang has won the endorsement of the Penang government.  

BUTTERWORTH: The Construction Labour Exchange Centre Berhad (CLAB) will be issuing registration cards for foreign construction workers starting next month.

Its CEO Abdul Rafik Abdul Rajis said the card would be given free to more than 36,000 foreign construction workers within one year as proof they are registered with CLAB.

SHAH ALAM: Kumpulan Hartanah Selangor Bhd (KHSB) sees the proposed takeover and privatisation of the firm by the Selangor government's investment arm, Kumpulan Darul?Ehsan Bhd (KDEB),?as an advantage. The move will enable KHSB to work more closely with the state government.

KUALA LUMPUR: Nadayu Properties Bhd and Tambun Indah Land Bhd have both requested that the trading of their shares be suspended today pending release of a material announcement.

Speculation has it that both property developers, which are active in the northern region especially Penang, may be looking at a merger to gain strength.

KUALA LUMPUR: Salcon Bhd’s tie-up with Eco-World Development Sdn Bhd, a company linked to S P Setia Bhd’s Tan Sri Liew Kee Sin, will pave the way for the water and waste water engineering company to go big into the Johor property sector.

SUBANG JAYA: Sunway Bhd has earmarked a 4.9-acre (1.98ha) parcel of land next to its upcoming office tower, currently used as an open air car park, for three office towers with an estimated gross development cost (GDC) of RM1.5 billion, said property investment division managing director Datuk Ngeow Voon Yean."We have not decided when to build the offices yet.

SENIOR living is a relatively new concept in Malaysia. While the present nursing home industry focuses on the final stages of care (known to us as "old folks' homes",) and is run mostly by charitable organisations, senior living caters to the elderly who are able to live independently while having convenient access to shared healthcare services.

GEORGE TOWN: Property developer Tambun Indah Land Bhd has allocated RM100 million to RM200 million in capital expenditure this year to buy more land.

Managing director Teh Kiak Seng said the group is actively scouting for land in Penang especially in Seberang Perai.

“We will expand our landbank based on the opportunities that arise,” he said after the company AGM yesterday.

KUALA LUMPUR: Eversendai Corp Bhd, a structural steel and power plant contractor, is looking at Kazakhstan and other east African countries for upcoming contracts in the oil and gas (O&G) sector.