Country Garden takes 353rd place in Fortune Global 500

PETALING JAYA (July 20): China property developer Country Garden – the developer of Forest City and Country Garden Danga Bay in Johor – jumped to 353rd place this year from 467th place last year in the Fortune Global 500 rankings, underpinned by its 46% growth in gross revenue to RMB226.

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Fajarbaru keen to expand property projects in Australia

KUALA LUMPUR (July 19): Fajarbaru Builder Group Bhd is on the lookout for more opportunities in the Australian property market following its acquisition in April of 98 shares or 49% of Australian property development company, Beulah Northcote Land Pty Ltd.

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