News about UN

Rented for: RM3,400 per month Concluded by: C N Liew of GS Realty (014-2270307) When: June, 2015 Noteworthy: * 1,920 sq ft land area * 3,300 sq ft built-up * Current asking price is RM1.

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

KUALA LUMPUR (Sept 17): Pavilion Real Estate Investment Trust (REIT) has proposed to acquire da:mén USJ shopping mall for RM488 million.

PETALING JAYA (Sept 17): Perth-based property developer Psaros will be introducing two residential projects in Australia, namely Sundance and Edge, to Malaysian investors this weekend.

MEETING people and site visits at odd hours are part and parcel of selling real estate.

KUALA LUMPUR (Sept 15): Fututech Bhd will be concluding RM380 million worth of asset injection deal today, the digitaledge DAILY reported.

KUALA LUMPUR (Sept 14): Shares of Sunway Construction Group Bhd (SCG) rose 3.

SINGAPORE (Sept 14): Buyers last Friday thronged the show flat of Signature at Yishun — touted by the developer as the most affordable executive condominium project this year, The Straits Times reported.

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

ANDAMAN Group’s towering development, ARC @ Austin Hills, in Taman Daya, Johor Bahru, is surrounded by perfectly manicured lawns and landed homes.