KUALA LUMPUR: Talam Corp Bhd announced on Bursa Malaysia on April 12 that it proposes to dispose of land, subject to shareholder approval, to settle its balance of debt with Menteri Besar Selangor Incorporated (MBI) amounting to about RM150.62 million.

KUALA LUMPUR: Johor-based developer Crescendo Corp Bhd (CCB) announced on Bursa Malaysia on April 12, that its wholly-owned subsidiary, Panoramic Industrial Development Sdn Bhd (PIDSB) has agreed to sell two pieces of land in Nusa Cemerlang Industrial Park, Gelang Patah, Johor along with two units of 2-storey detached factory buildings with a total built-up area of 45,261 sq ft to be built by P

KUALA LUMPUR: Seventeen houses in Kampung Malaysia Tambahan in Sungai Besi and three others in Salak Selatan were damaged during a storm, which hit the city on April 11.

Two blocks of People's Housing Project (PPR) flats in Pantai Dalam also had their roof ripped off by the strong wind.

KUALA LUMPUR: The recovery of Malaysia’s property market is weighed down by new supply, according to DTZ’s research report, Malaysia Property Times 1Q2010.

KUALA LUMPUR: Shangri-La Hotel, Kuala Lumpur has won the BrandLaureate Awards 2009-10 for Best Brand in the hospitability industry, Best Business Hotel. The award was presented at a gala dinner held at the Shangri-La Kuala Lumpur on March 26.

In a statement here, Shangri-La Hotel, Kuala Lumpur said, this is the fourth consecutive year it had won the award.

MILAN: At least six people were killed and 25 injured on Monday, April 12 when a landslide derailed a local train carrying commuters and students near the city of Bolzano in northern Italy, emergency services said.

"Six or seven people were killed but the death toll could get worse," said Florian Schroffenegger of the fire services department of Bolzano, in the Alto Adige region.

KUALA LUMPUR: Cyberjaya, Malaysia's first and foremost cybercity, has won the BrandLaureate Award 2009-2010 for the Best Brand in Corporate Branding under the National Information and Communications Technology (ICT) Hub category, for the third consecutive year.

In a statement on April 12, the landowner and developer of Cyberjaya, Cyberview

KUANTAN: The Pahang state government will not allow or approve any new development in Fraser's Hill, to preserve its environment and serenity as a premier tourist retreat.

Pahang Menteri Besar Datuk Seri Adnan Yaakob said only refurbishing, upgrading work on existing buildings and extension within the confined areas would be allowed.

PENANG: Penang's first ICT mall at Kompleks Tun Abdul Razak (Komtar) is expected to open its door for business on Sept 1.

Chief Minister Lim Guan Eng said the renovation on the first ICT mall in the northern region had reached 30%.

KUALA LUMPUR: The RM270 million Axis Pandan urban redevelopment, the maiden project of RK Group Holdings (M) Sdn Bhd, will be completed by year-end, says group managing director Datuk Roslan Khalid.