News about bayan

GEORGE TOWN (Nov 19): Hunza Properties Bhd, which is being taken private by its majority shareholder Khor Teng Tong Holdings Sdn Bhd, along with persons acting in concert with a combined 59% stake in the Penang-based property developer, said it will be business as usual as a private company, adding that it will not neglect the element of corporate governance.

GEORGE TOWN (Nov 18): More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP).

PETALING JAYA (Nov 13): Penang’s property market is expected to stay resilient on the back of sustained demand, especially from Penangites working abroad planning to return and prospective retirees eyeing homes in the state.

GEORGE TOWN: After a delay of almost four years, land reclamation works on the RM10 billion Penang WorldCity mixed-use development in Bayan Mutiara, Penang may finally be moving forward.

KUALA LUMPUR (Oct 20): Hunza Properties Bhd is acquiring a 3.

GEORGE TOWN: Penang’s Transport Master Plan (TMP) played a vital role in the Malaysian Secondary Property Exhibition (Maspex) 2015, showcasing the vital link between infrastructure and the property sector.

KUALA LUMPUR: Tropicana Corp Bhd saw its net profit for the second quarter ended June 30, 2015 (2QFY15) fall 74% year-on-year to RM23.

GEORGE TOWN (June 23): The demands for affordable housing priced between RM200,000 and RM400,000 remained high, so there is no danger of oversupply anytime in the future, said Raine & Horne International Zaki + Partners Sdn Bhd’s senior partner Michael Geh (pictured).

KUALA LUMPUR (June 5): The Straits International Education Group Sdn Bhd (SIEG) will be opening its second Straits International School in Malaysia at the 245-acre Taman Sari township in Rawang by BRDB Developments Sdn Bhd.