Aspen plans RM550 mil RTO with Yi-Lai

KUALA LUMPUR (Feb 25): Penang-based property developer Aspen Group is planning a reverse takeover (RTO) of ceramic and homogeneous tiles maker Yi-Lai Bhd, which will see the latter branching out into property development.

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SDB to focus on sales of existing projects

PETALING JAYA (Feb 24): Selangor Dredging Bhd (SDB) will be focusing on the sales of its property projects that are currently under construction as it seeks to maintain the strength of its strong balance sheet this year, the group said in a press statement today.

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MK Land to launch five new products in FY16

PETALING JAYA (Feb 18): MK Land Holdings Bhd will be launching a total of five new products in the affordable housing segment, led by its condominium project Residensi Suasana @ Damai located at Damansara Damai with a gross development value of RM400 million before its financial year ends on June 30, 2016.

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CPI Land debuts second project, Serintin

FOLLOWING the success of its RM156 million high-rise development Avantas Residences in Old Klang Road, Kuala Lumpur, CPI Land Sdn Bhd is working on its second project — a mixed-use development in Mantin, Negeri Sembilan.

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