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KUALA LUMPUR (June 6): Eastern & Oriental Bhd (E&O) shares rose as much as 3.

CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.

•     This week, the spotlight falls on the secondary market of non-landed residences in Kota Damansara.

PETALING JAYA (June 3): Home electronics and furniture retailer Courts Malaysia will launch its first “next-generation store” in Malaysia at the Courts Megastore in Sri Damansara tomorrow, said the company in a press statement.

KUALA LUMPUR (June 3): Damansara Realty Bhd plans to raise up to RM150 million by issuing redeemable convertible notes to fund its property development activities and for working capital.

KUALA LUMPUR (June 2): Gabungan AQRS Bhd, which slipped to a net loss of RM9.

PETALING JAYA (June 2): Eco World Development Group Bhd (EcoWorld) plans to launch its Harmoni apartments in its Eco Majestic township in Semenyih in the third quarter (3Q) of this year, Eco Majestic general manager Evon Yap told TheEdgeProperty.

KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.

SINGAPORE-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.

PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.