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KUALA LUMPUR (March 15): Land & General Bhd’s (L&G) related party transaction (RPT) proposal to take over five property firms from its major shareholder, Malaysia Land Properties Sdn Bhd (Mayland), for RM344 million cash has caught the Minority Shareholder Watchdog Group’s (MSWG) attention as questions remain over the deal.

EL Development sold 43 units at Parc Riviera between Feb 14 and 21, ­making the 752-unit development on West Coast Vale the top-selling condominium in the week.

KUALA LUMPUR (March 14): Iskandar Waterfront City Bhd’s (IWCity) share price falls 13 sen or 5% to RM2.

  PETALING JAYA (March 14): Hua Yang Bhd’s residential projects Sentrio Suites (pictured) in Desa Pandan and Residensi Flora@One South in Seri Kembangan, both in the Klang Valley, as well as Lavender 2 in Bandar Universiti Seri Iskandar, Perak have received their Certificate of Completion and Compliance (CCC).

WCT Holdings Bhd (March 13, RM1.

KUALA LUMPUR (March 14): Sime Darby Bhd clarified yesterday that it could not meet the deadline to complete the reverse takeover (RTO) of Singapore-listed Saizen Real Estate Investment Trust (REIT) because circulars to Saizen REIT’s unitholders were not issued on time.

KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.

THE top two losses for private non-landed homes sold in the week of Feb 14 to 21 were for units in Orchard Scotts, a 99-year leasehold ­condominium in prime District 9 completed in 2008.

PUCHONG (March 13): IOI Properties Bhd is aiming to start construction of an office development with an estimated gross development value (GDV) of at least S$3.

  KUALA LUMPUR (March 13): Ekovest Bhd fell 2 sen in heavy volume at mid-morning today, possibly due to profit-taking by investors after closing on a high of RM1.