News about UK

AS main cities in the country continue to urbanise, the provision of affordable homes remains a major concern.

LODHA UK, the British development subsidiary of India’s Lodha Group, exhibited its new London apartments — Lincoln Square — in Kuala Lumpur at the weekend (Nov 26 and 27).

SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive officer (CEO) Datuk Ahmad Zaini Othman (pictured) kept mum about questions yesterday about the potential merger and acquisition (M&A) of MBSB with Asian Finance Bank (AFB), saying only it is now a shareholder matter.

TYPICALLY, when prime land in the city centre becomes scarce, fringe areas become the next natural target for both investors and developers.

KUALA LUMPUR (Dec 5): EcoFirst Consolidated Bhd has secured financing facilities worth RM189.

KUALA LUMPUR (Dec 2): The Construction Industry Development Board (CIDB) will carry out a thorough investigation into the collapsed pedestrian bridge near the Abdullah Hukum Apartment in Jalan Bangsar here on Wednesday, Bernama reported today.

KUALA LUMPUR (Dec 2): Property developer Sunsuria Bhd has lined up projects with an estimated gross development value (GDV) of RM1.

Sold for: RM2.

KUALA LUMPUR (Dec 1): Prime Minister Datuk Seri Najib Tun Razak launched the PR1MA Corp Malaysia (PR1MA) mobile application, named “PR1MA app” that contains information about the PR1MA project, Bernama reported today.