News about UN

Sunway Real Estate Investment Trust (May 4, RM1.

KUALA LUMPUR (May 5): ECM Libra Financial Group Bhd has identified hotel management and ownership as its new core business after disposing of its investment banking and securities business in 2012.

KUALA LUMPUR (May 5): Questions are now being raised over who will refund the RM741 million deposit paid by a consortium led by Iskandar Waterfront Holdings Sdn Bhd (IWH) to acquire a 60% equity interest in Bandar Malaysia Sdn Bhd after the deal was called off on Wednesday.

Rented for: RM6,000 a month (RM3.

SINGAPORE (May 4): ARA Asset Management, the Singapore manager of REITs, is said to be eyeing the purchase of 320 Pitt Street, a major tower located in Sydney’s central business district which is being sold by a fund managed by Propertylink Group.

PETALING JAYA (May 4): Sime Darby Property, Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Brunsfield Development Sdn Bhd have signed a Memorandum of Understanding (MoU) to lead the development of Malaysia Vision Valley (MVV).

Eastern & Oriental Bhd (May 3, RM1.

KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust (Sunway REIT) reported a 4% rise in net property income (NPI) to RM100.

KUALA LUMPUR (May 3): SHL Consolidated Bhd is partnering Japanese general trading firm Marubeni Corp to develop a condominium project with an estimated gross development value of RM327 million in Bandar Sungai Long, Selangor.

MELAKA (May 3): Two former officials of a mosque committee here are in remand for four days beginning today to facilitate investigation into the sale of the mosque's endowment land half a decade ago, Bernama reported today.