BN reps urge Tabung Haji not to sell TRX land bought from 1MDB

KUALA LUMPUR (June 16): Barisan Nasional lawmakers at Parliament late last night were urging Lembaga Tabung Haji not to sell the piece of land in the Tun Razak Exchange (TRX) that it bought from 1Malaysia Development Bhd (1MDB) — a purchase that has caused public outcry over the pilgrim fund bailing out the debt-laden strategic investment fund.

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Daiwa-Sunway JV to build prefab homes worth RM210 mil

KUALA LUMPUR (June 12): Daiwa House Malaysia Sdn Bhd, a subsidiary of Japan’s largest prefabricated homebuilder Daiwa House Industry Co Ltd, has entered into a joint venture with Sunway Bhd’s unit Sunway Iskandar Bhd (SISB) to construct 100 prefabricated homes in Iskandar Malaysia, Johor, with a gross development value of RM210 million.

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Sunsuria eyes RM1 bil annual property sales

KUALA LUMPUR (June 12): Sunsuria Bhd is eyeing about RM1 billion property sales per year, primarily from its township development in Sepang, Selangor and starting from about RM900 million for the financial year ending Sept 30, 2016 (FY16), according to executive director Kong Wai Seng.

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