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LET’S face it; we all hate getting stuck in traffic jams.

KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.

KUALA LUMPUR (June 16): AmanahRaya Real Estate Investment Trust (REIT) is acquiring a land together with a four-storey office building in Cyberjaya for RM40 million.

GEORGE TOWN (June 16): Contrary to his earlier statement, Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) yesterday said the Penang government did not order the company to halt the feasibility study on the Penang-Butterworth undersea tunnel.

KUALA LUMPUR (June 16): Hap Seng Consolidated Bhd is buying 36 parcels of freehold agricultural land with an aggregate land size of 1,449.

KUALA LUMPUR (June 16): Property developer Glomac Bhd, whose latest quarterly profit has fallen 26% according to its bourse filing yesterday, is planning RM1.

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.

KUALA LUMPUR (June 16): Eco World Development Group Bhd (EcoWorld) signed the deed of revocation and rescission yesterday with the Penang Development Corp (PDC) after their mutual decision to rescind the award of the proposed RM10 billion Eco Marina project in Batu Kawan, Penang, to the developer.

PETALING JAYA (June 16): Encorp Bhd is confident of its integrated township development project in Bukit Katil, Melaka, in spite of the soft property market.

WHO: Combining the old with the familiar and coming up with something unexpected is how Singapore-based designer Jarrod Lim describes his creative process.