KUALA LUMPUR: Tomei Consolidated Bhd entered into a sale and purchase agreement on Dec 27, 2010 for several freehold plots to Oasis Properties Sdn Bhd for RM4.6 million, the group stated in several announcements to Bursa Malaysia on Tuesday, Jan 4.

KUALA LUMPUR: GHU Holdings Bhd has entered into a preliminary agreement with the Development General Company of Jiangsu Gaochun Economic Development Zone, Jiangsu Province to construct a 180 million yuan (RM83.43 million) water treatment plant that will treat 100 million litres per day, the group announced on Tuesday, Jan 4.

KUALA LUMPUR: Sunway City Bhd's (SunCity) third phase of Sunway Merica in Penang — comprising of 12 exclusive units of 3-storey semi-detached (semi-D) houses — has received over 500 interested buyers since it opened for registration in mid-December 2010.

KUALA LUMPUR: This capital city will boast another tourist attraction in February with the launch of the "Kuala Lumpur City Walk" which highlights the "Malaysia, Truly Asia" tourism promotion theme.

KUALA LUMPUR: The falling through of the proposed merger between Malaysian Resources Corp Bhd (MRCB) and IJM Land Bhd could be a blessing in disguise for the former.

KUALA LUMPUR: Sunway Holdings Bhd has clinched two contracts worth RM218.82 million that will contribute to its earnings ending Dec 31, 2011 onwards.

KUALA LUMPUR: Though it has kept a low profile since listing, Penang property developer Ivory Properties Group Bhd has been actively acquiring land on the island, where it is a prominent developer.

Property sector

Axis Real Estate Investment Trust (AXRB, Jan 3, RM2.37)

KUALA LUMPUR: Hua Yang Bhd has sold enbloc 73 retail units in its One South mixed-development in Sungai Besi to South Crest Synergy Sdn Bhd for RM105 million. The retail units' gross development value (GDV) is RM105 million.