Ascott to manage Somerset Arcadia Miri

PETALING JAYA (Sept 2): CapitaLand’s wholly-owned serviced residence business unit, The Ascott Ltd (Ascott) has successfully secured a management contract for the 200-unit Somerset Arcadia Miri in Sarawak.

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Paramount holds back new launches

KUALA LUMPUR (Sept 1): Paramount Corp Bhd will hold back on launching new projects but will continue to roll out new phases of existing projects, said the group chief executive officer Jeffrey Chew Sun Teong.

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