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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‘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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Aset Kayamas goes full steam ahead with launches

KUALA LUMPUR (April 5): Unperturbed by low profit margins in the affordable segment, Aset Kayamas Sdn Bhd, a privately held property developer, is going full steam ahead with its launches this year as it banks on volume growth to improve its earnings.

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