Tropicana’s sale of Dijaya Plaza goes unconditional

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.

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Best Western Hotels & Resorts expands in Thailand

BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.

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‘Mortgage rejection rates not as high as 50%’

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

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