‘GIC, Jardine Group keen on MRCB’
KUALA LUMPUR (Dec 8): GIC Pvt Ltd and the Jardine Matheson Group are both said to be showing keen interest in Malaysian Resources Corp Bhd (MRCB), and could each be taking up a stake in the company via its recent proposed private placement exercise, according to a source close to the matter.
RM36.06b contracts from mega projects earmarked for bumi firms
KUALA LUMPUR (Dec 9): A total of RM36.
Offering a holistic living environment in Iskandar
AS in other locations across the country, developers in Iskandar Malaysia are introducing new design features with their product offerings.
PROPERTY SNAPSHOT 3: What are the prices of developments in Damansara North?
We continue our focus on Bandar Sri Damansara/Damansara Damai — Damansara North — by looking at average prices on a per square foot (psf) basis.
Sime Darby seeks buyer for Melaka hotel
SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.
Mambang Di Awan farmers want land, not houses
IPOH (Dec 8): At least 20 Mambang Di Awan farmers are still insisting Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir intervene in their eviction dispute with landowner Syarikat Bidara Istimewa Sdn Bhd, despite having met with developer to resolve their differences.
Impact on Sime minimal even if hotel deal materialises
Maintain neutral with an unchanged target price of RM8.
1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
PROPERTY SNAPSHOT 2: What’s affordable in Damansara North?
• Bandar Sri Damansara and Damansara Damai, which we collectively call Damansara North, have evolved over the years.
