News about chang

KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.

KUALA LUMPUR (May 3): Property developer LBS Bina Group Bhd (LBS) launched the first phase of the largest integrated development in Brinchang, Cameron Highlands today.

KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.

KUALA LUMPUR (March 14): I-Bhd unveiled its high-end 8 Kia Peng residences – its first project outside its flagship 72-acre i-City “ultrapolis” development in Shah Alam – in the city centre, which has a gross development value (GDV) of RM1 billion.

KUALA LUMPUR (Feb 19): Lembaga Tabung Haji (LTH) has terminated the services of one of its subcontractors for the Tabung Haji Complex due to delay in works completion.

PETALING JAYA (Feb 16): Eco World Development Group Bhd will be unveiling its Karisma apartment project in Eco Majestic, Semenyih, by end of this month.

GEORGE TOWN (Feb 1): Government staff at the state administration offices in Komtar, Penang start separating the garbage at source today.

KUALA LUMPUR (Dec 21): There is no foreseeable short-term impact on the construction sector from the depreciation of the ringgit as most construction materials such as cement and steel are manufactured in Malaysia, the national builders group said.

SINGAPORE (Dec 9): Ascendas Real Estate Investment Trust (A-REIT) is acquiring One@Changi City for S$420 million (RM1.

PETALING JAYA (Dec 3): The decision by the Alam Prima management in Shah Alam, Selangor, to state that foreigners are not welcome to stay at its units is irregular and morally wrong, according to the National House Buyers Association (HBA).