News about chang

1Malaysia Development Bhd’s (1MDB) wholly-owned subsidiary TRX City Sdn Bhd is starting infrastructure works on Tun Razak Exchange, which is located on a prime tract between Jalan Bukit Bintang and Jalan Tun Razak that was sold to the strategic investment fund for RM230 million or RM75 psf in 2010, say sources in the construction industry.

KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.

SINGAPORE (Aug 31): CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed a management contract to manage the retail component of the landmark Fortune Finance Center in Changsha, the provincial capital of Hunan in Central China.

KUALA LUMPUR (Aug 26): Property developer Guocoland (Malaysia) Bhd’s final quarter ended June 30, 2016 (4QFY16) saw a 45% decline in net profit to RM94.

PETALING JAYA (July 22): The LEKAS-EcoMajestic interchange will officially open in August or September, said Eco World Development Group Bhd (EcoWorld) president and CEO Datuk Chang Khim Wah.

Construction sector Maintain overweight: The remaining eight Pan Borneo Highway work packages worth around RM10 billion will be awarded this month, according to a news report.

PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.

THERE have been times when presti­gious brands known for offering­market-leading luxury have joined forces to come up with unique offerings.

KUALA LUMPUR (June 17): The first phase of the Bandar Malaysia project is expected to cost between RM50 billion and RM60 billion, said Iskandar Waterfront Holdings Bhd (IWH) executive vice-chairman Tan Sri Lim Kang Hoo (pictured).

KUALA LUMPUR (June 16): Malaysia Smelting Corp Bhd (MSC) is buying three parcels of land at Pulau Indah Industrial Park, Westport — along with plant and machinery on the properties — for RM50 million.