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Sime Darby Property Bhd (May 21, RM1.

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

PETALING JAYA (May 21): Ampang MP Zuraida Kamaruddin (pictured) has been sworn in as Housing and Local Government Minister, along with 11 other ministers, at the Istana Negara today, reported Bernama.

KUALA LUMPUR (May 21): Vizione Holdings Bhd, a niche player in the affordable housing sector, finds its business strategy to be in tandem with the new government’s promise to build one million affordable homes across the country within two terms of its administration.

KUALA LUMPUR (May 21): Following a move by Kerjaya Prospek Group Bhd’s major shareholders to acquire another 24.

PETALING JAYA (May 19): The Save Taman Rimba Kiara group has hit out at former federal territories (FT) minister Tengku Adnan Tengku Mansor for claiming that the Yayasan Wilayah Persekutuan (YWP) had “no idea” about a 12-acre parcel in Taman Tun Dr Ismail (TTDI) that was allegedly transferred to the foundation, calling his claims “very rich and egregious”.

PETALING JAYA (May 17): Ampang MP Datuk Zuraida Kamaruddin is designated the Minister of Housing and Local Government, joining 11 other minister-designates in a list consented to by the Yang di-Pertuan Agong today.

KUALA LUMPUR (May 18): Construction and property development player Ho Hup Construction Bhd said today it will unveil property projects worth RM1.

PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, with commercial properties to see an immediate drop come June, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.

KUALA LUMPUR (May 17): Sime Darby Property Bhd is partnering Japan's Mitsui & Co Ltd and Mitsubishi Estate Co Ltd to jointly develop and lease built-to-suit industrial facilities with a gross development value (GDV) of RM530 million at Sime Darby Property's Bandar Bukit Raja township in Klang, Selangor.