News about ban

KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.

KUALA LUMPUR (June 15): There has been no final decision made on toll hike for eight highways as negotiations are still ongoing, said the Association of Highway Concessionaires Malaysia.

KUALA LUMPUR (June 13): Melaka-based furniture maker Len Cheong Holding Bhd, which has just chalked up six months of profit on foreign-exchange (forex) gains and improved sales after over five quarters in the red during which overseas demand declined for its rubberwood furniture, may appear to have curious timing to observers.

WITH a predominantly Chinese population, Kepong is home to many traditional shops, heritage shops and family-style restaurants.

•    This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.

WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.

BANDAR UNIVERSITI SERI ISKANDAR, PERAK (June 9): Hua Yang Bhd has obtained the certificate of completion and compliance (CCC) for D’ecolake, its residential project in Bandar Universiti Seri Iskandar (BUSI), Hua Yang’s fast-growing 777-acre (314ha) township in Perak.

KUALA LUMPUR (June 8): Eco World Development Group Bhd (EcoWorld) has agreed with the Penang Development Corp (PDC) to rescind a letter of award dated March 26, 2015 for the purchase and development of 449.

PETALING JAYA (June 8): Prime Central London (PCL) property data for 1Q2016 reflects an encouraging start to the year, with prices rising by 4.

PROPERTY developer cum owner and operator of hotels and malls Mammoth Empire Holdings Sdn Bhd (MEH) is ready to divest Empire Shopping Gallery in Subang Jaya, Selangor, should it receive a desirable and concrete offer.