News about chang

KUALA LUMPUR (Aug 11): Affin Bank Bhd, which is controlled by Lembaga Tabung Angkatan Tentera (LTAT), is paying RM255 million cash to buy a parcel of land in the Tun Razak Exchange (TRX) — a property development project wholly owned by 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (July 28): Lembaga Tabung Haji (LTH) is still evaluating offers for the proposed sale of a parcel of land it bought from 1Malaysia Development Berhad (1MDB) at Tun Razak Exchange (TRX) earlier this year, its chairman Datuk Seri Abdul Azeez Abdul Rahim said today.

KUALA LUMPUR (July 14): Some 40 interested parties, including local government-linked corporations (GLCs) and foreign state-owned investment firms, have submitted proposals to participate in the development of Bandar Malaysia, a property project wholly owned by 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (June 30): The scale of 1Malaysia Development Bhd's (1MDB) Bandar Malaysia mixed-use development here may require the combined expertise and financial strength of consortiums to ensure its success.

KUALA LUMPUR (May 28): Eco World Development Group Bhd is still confident in achieving its sales target of RM3 billion for its financial year ending Oct 31, 2015 (FY15), and its target of RM4 billion in FY16.

PENANG: Eco World Development Group Bhd (EcoWorld) is expected to launch its first project in Penang, Eco Terraces condominium, in mid-June.

PETALING JAYA (May 8): Following a 20% share placement with institutional investors and the completion its corporate exercise yesterday, EcoWorld Development Group Bhd has raised some RM2.

PETALING JAYA (May 5): Genting Singapore and Resorts World Sentosa (RWS) unveiled the new Genting Hotel Jurong, located along Jurong Town Hall Road in Jurong Lake District, Singapore on April 30.

KUALA LUMPUR (April 23): Eco World Development Bhd will not propose any dividend for its shareholders for the next two to three years as it is still in a growth phase, its chief financial officer Datuk Heah Kok Boon said.

  KUALA LUMPUR (April 20): PR1MA Corporation Malaysia (PR1MA) has strayed from its objective of building affordable homes in urban localities and instead has become profit-oriented, going into joint ventures with private developers, the National House Buyers Association (HBA) said.