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Boustead Holdings targets 25% annual revenue growth from property

KUALA LUMPUR: Boustead Holdings Bhd hopes to achieve 25% annual growth in terms of revenue from its property segment, said group managing director Tan Sri Lodin Wok Kamaruddin.

He said on Tuesday, Nov 2 the property segment contributed about 20% of group revenue at present.

Britain unveils plan for home energy efficiency

LONDON: England's home owners will be able to fit their properties with energy-saving insulation at no upfront cost from the end of 2012 onwards, the government said on Tuesday, Nov 2.

K-Euro disposes of 6.5m Talam shares for RM647,655

KUALA LUMPUR: Kumpulan Europlus Bhd (K-Euro) has disposed of 6.5 million shares or a 0.21% stake in Talam Corp Bhd for RM647,655 on Oct 29 after shareholders gave their approval in an EGM on July 12.

Plenitude Bhd appoints new director

KUALA LUMPUR: Plenitude Bhd on Monday, Nov 1 appointed Tan Yew Ngee as an independent and non-executive director, it said in a Bursa filing on Monday, Nov 1.

The 54-year-old has spent over three decades in the accounting and finance sector and was previously part of senior management in finance-related companies, said the group.

Al-'Aqar KPJ REIT appoints new director

KUALA LUMPUR: Datuk Mani Usilappan has been appointed as an independent and non-executive director of Al-'Aqar KPJ REIT, the fund said in a Bursa filing on Monday, Nov 1.

The bubbly debate

Let’s talk about bubbles. You know what I mean — the property bubble, stock market bubble, asset bubbles in general. It doesn’t matter which one. The fact is that the word “bubble” gives us goose bumps, especially if we make our living in the financial world.  

New initiative to revive NCR land

SRI AMAN: The government has implemented two measures under its new initiative to ensure the privileges for owners of the Native Customary Rights (NCR) land apart from developing the land in a more profitable way.

HK 3Q mortgage loans in negative equity down 51%

HONG KONG: Hong Kong's residential mortgage loans (RMLs) in negative equity were estimated to have decreased 51% to 152 cases by end-September from 310 cases at the end of June, data from the Hong Kong Monetary Authority showed.

The aggregate value of RMLs in negative equity fell to HK$200 million (RM80.08 million) as at the end of September, from HK$500 million in June.