KUALA LUMPUR: Naim Holdings Bhd, through its wholly-owned subsidiary, NCSB Engineering Sdn Bhd has entered into a memorandum of understanding with the General Board of Privatisation and Investment (GBPI) of Libya to jointly work on the development concept for a project called Solar Oasis in Libya.

SINGAPORE: Singapore Airlines (SIA) is set to promote Singapore's second integrated resort, the Marina Bay Sands, as a destination for its customers travelling to the city-state.

The republic's national carrier has signed a memorandum of understanding (MOU) with the resort for the joint promotional activities, on Friday March 12.

KUALA LUMPUR: Hundreds of delegates from various countries will participate at the Asian Metrocity Summit - Kuala Lumpur 2010 to be held at the Royale Chulan Hotel, Kuala Lumpur in April.

SANDAKAN (Sabah): Defence Minister Datuk Seri Dr Ahmad Zahid Hamidi will personally monitor development projects carried out by his ministry to ensure they were completed as scheduled and were of quality.

Malaysia Equity Research - 12 Mar 2010

Brightening up

HONG KONG: The international real estate services company Colliers International has secured the second spot on the annual Lipsey Survey which ranks the top 25 brands in the commercial real estate industry.

KUALA LUMPUR: The Federal Territory Land and Minerals Director's Office (PPTGWP) saw an increase in quit rent collection for the first two months this year, following three initiatives to facilitate payment.

KUALA LUMPUR: Tadmansori Hotel Resort Sdn Bhd, which operates the Nadias Inn Comfort Langkawi Hotel, expects its revenue to breach RM2 million this year.

Group Financial Controller of the parent company, Tadmansori Holding Sdn Bhd, Mohammad Hasbi Jaafar said the company had been experiencing steady revenue growth over the past three years.

Lai Thieu project safely in the bag