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City&Country: Offshore-- American Dream alive and well with Gen Y

What housing crash? Early findings of an upcoming survey being published by the US-based non-profit education and research organisation the Urban Land Institute (ULI) suggest that the Echo Boomer generation, or Gen Y, holds the American Dream highly — despite the housing market collapse — with the majority of respondents expecting to own homes within five years.

City&Country: Fitters Diversified branches out

Fitters Diversified Bhd, a fire protection specialist, has embarked on its maiden property development project ­—  ZetaPark — in Jalan Genting Klang in Setapak, Kuala Lumpur.

LBS Bina to dispose of 20% stake in JVcos for RM93m

KUALA LUMPUR: LBS Bina Group Bhd, via two of its Hong Kong-based units, have signed a letter of intent (LOI) with Zhuhai Special Economic Zone Long Yi Enterprises Company to dispose of their respective 10% stakes in two joint-venture (JV) companies for 200 million yuan (RM93.3 million)

Hunza Properties Q1 net profit surges 273% to RM34.69m

KUALA LUMPUR: Hunza Properties Bhd net profit for the first quarter (1Q) ended Sept 30, 2010 surged 273% to RM34.69 million from RM12.69 million a year ago, on the back of a 13% increase in revenue to RM64.53 million.


Earnings per share was 18.39 sen while net assets per share was RM2.36.