Gamuda's 1Q net profit falls 13% amid softer property market, declares 6 sen dividend
KUALA LUMPUR (Dec 16): Gamuda Bhd saw its net profit fall 13% to RM161.
BLand's unit to sell Chinese mall project for RMB2.08 bil
KUALA LUMPUR (Dec 16): Berjaya Land Bhd (BLand) is cashing out its Berjaya (China) Great Mall Recreation Centre in Hebei, China — which is still under construction — for RMB2.
Benoy showcases China Resources Land Qianhai Centre’s design
SHENZHEN (Dec 16): Benoy, the global studio of Architects, Masterplanners, Interior and Graphic Designers, has revealed its design for the future China Resources Land (CRL) Qianhai Centre (pictured) in Shenzhen that forms part of the Qianhai special economic zone.
Penang excos approve railway, highway lines for transport master plan
GEORGE TOWN (Dec 16): The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail line from Komtar to the airport and the Pan Island Link.
Best Western Hotels & Resorts launches third hotel in Myanmar
BANGKOK (Dec 16): Best Western Hotels & Resorts recently launched the Best Western Plus Eastern Palace hotel in Mandalay, Myanmar.
Battersea Art Station’s exhibition raises £18,000 for local art charities
LONDON (Dec 16): The Battersea Power Station Development Co (BPSDC) has donated a combined total of £18,000 (RM116,820) to three charities – Beatbox Academy, Theatre503, and World Heart Beat Music – at the Battersea Art Station exhibition in September 2015 at the Battersea Arts Centre (BAC).
Don’t jump the gun, PJ councillors tell RRI land developer
PETALING JAYA (Dec 16): The Petaling Jaya City Council (MBPJ) has urged developer Kwasa Land Sdn Bhd to refrain from making any statement about potential projects at the former Rubber Research Institute (RRI) land when they are inconsistent with the current local plan.
Bangsar residents want freeze on Jalan Maarof development
KUALA LUMPUR (Dec 16): Bukit Bandaraya Residents’ Association (RA) wants the authorities to freeze all developments on Jalan Maarof, Bangsar, Kuala Lumpur.
