News about alam

KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.

PETALING JAYA (June 29): Things will become even more convenient for Selangor folk.

PETALING JAYA (June 28): The land clearing activities in a forested part of Bukit Cerakah were carried out by trespassers who were believed to have unknowingly encroached on the land, said its owner Usaha Semarak Sdn Bhd.

KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.

SHAH ALAM (June 21): Residents of Bukit Bayu in Section 10, Shah Alam are trying to halt a potential development in an estimated five to six hectares (12 to 15 acres) of forested area in Bukit Cerakah.

PETALING JAYA (June 14): The Public Works Department (JKR) has given the nod and road-users around Setia Alam will enjoy smoother traffic flow by year-end.

KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.

KUALA LUMPUR (May 25): Sunsuria Bhd announced a 69% surge in net profit to RM30.

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

KUALA LUMPUR (May 21): The appeal made by Maju Puncakbumi Sdn Bhd against the decision that granted the developer a stay of the damages previously awarded to 137 homeowners was today dismissed by the Court of Appeal, the Malay Mail reported today.