Pelaburan Hartanah plans first asset sale

REAL estate investment company Pelaburan Hartanah Bhd (PHB), which has commercial assets and land worth over RM5 billion, is planning to sell close to 790 acres of land it owns in Ulu Bernam, Selangor, documents obtained by The Edge show.

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IGB to sell Renaissance KL for RM765 mil

KUALA LUMPUR (Aug 15): IGB Corp Bhd announced a proposed disposal of Renaissance Kuala Lumpur Hotel (Renaissance KL) (pictured) by Great Union Properties Sdn Bhd, a wholly-owned subsidiary of IGB to Ventura International Sdn Bhd for RM765 million.

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Amendments to land laws will attract more foreign investors, says Wan Junaidi

NILAI (July 28): The recent amendments to land laws that were passed in Parliament recently will be a boost to attract new foreign investments, said Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said yesterday, Bernama reported He added that the amendments would also help the public tremendously on matters relating to land.

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