News about ar

LOCATED adjacent to Petaling Jaya’s Mutiara Damansara and Tropicana, and nearby Sungai Buloh, lies the 4,000-acre township of Kota Damansara.

PETALING JAYA (Oct 1): Magnibiz Development Sdn Bhd, the property development arm of construction firm Magnibiz Sdn Bhd, plans to launch Block 3 of its Kampar Lake Campus Condominium or KLCC, located in Kampar New Town by 1Q2017, once sales of both Blocks 2 and 3 hit 80%.

KUALA LUMPUR (Sept 30): Kerjaya Prospek Group Bhd executive chairman Datuk Tee Eng Ho and his brother Tee Eng Seng, who is the group’s executive director,  have emerged as substantial shareholders in Eastern & Oriental Bhd (E&O).

KUALA LUMPUR (Sept 30): Iskandar Waterfront City Bhd (IWCity) is buying two parcels of freehold land in Pulai, Johor, for RM90 million, for which it plans to develop a mixed project.

KUALA LUMPUR (Sept 30): Naza Engineering and Construction Sdn Bhd bagged the Best Project award for major buildings above RM100 million at the Malaysian Construction Industry Excellence Awards (MCIEA), Bernama reported today.

OSK Holdings Bhd’s offer to takeover PJ Development Holdings Bhd (PJD) is deemed “not fair but reasonable”, according to independent advisor MIDF Investment Amanah Bank Bhd, and shareholders and warrant holders are recommended to accept the offer.

PETALING JAYA (Sept 29): Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — will be unveiling Lexa Residence in Wangsa Maju, Kuala Lumpur on Oct 2, 2016.

NON-landed residential projects on Penang island have performed better than landed homes on the island in recent years.

KUALA LUMPUR (Sept 30): PRG Holdings Bhd, which is involved in manufacturing, property development and construction businesses, is considering listing its manufacturing division on the Growth Enterprise Market of the Stock Exchange of Hong Kong Ltd.

KUALA LUMPUR (Sept 30): Sunway REIT Management Sdn Bhd non-independent non-executive chairman Tan Sri Dr Jeffrey Cheah Fook Ling (pictured) will relinquish his position effective today, as part of efforts to enhance board independence.