UOA inks MoU with China hospitality company

PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.

READ MORE

MRCB targets RM1 billion sales for this year

PETALING JAYA (June 1): Malaysian Resources Corp Bhd (MRCB) has set a RM1 billion sales target for 2016 — a risky bet considering that its 2015 sales only amounted to RM850 million, while the real estate market remains muted.

READ MORE

Fewer but bigger LRT3 packages to go around

THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.

READ MORE

Sunway Mont Residences 80% taken up

PETALING JAYA (May 31): Sunway Property’s Sunway Mont Residences in Mont’Kiara, which was launched over the weekend, has recorded a successful take-up rate of 80%, Sunway Bhd’s executive director of central region, property development division, Ang Kee Ping told TheEdgeProperty.

READ MORE