Sime Darby seeks buyer for Melaka hotel
SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.
SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.
ABU DHABI (Dec 8): The lack of affordable housing in provides a major opportunity for developers to fill the gap with ‘genuine affordable’ housing, said international real estate consultancy Cluttons in its Abu Dhabi 2015/16 Winter Property Market Snapshot.
KUALA LUMPUR (Dec 8): Ceramics maker turned property-construction company Spring Gallery Bhd is banking on the untapped East Coast property market for its future growth.
IPOH (Dec 8): At least 20 Mambang Di Awan farmers are still insisting Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir intervene in their eviction dispute with landowner Syarikat Bidara Istimewa Sdn Bhd, despite having met with developer to resolve their differences.
Maintain neutral with an unchanged target price of RM8.
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
• Bandar Sri Damansara and Damansara Damai, which we collectively call Damansara North, have evolved over the years.
KUALA LUMPUR (Dec 7): The successful implementation of the RM27 billion Penang Transport Master Plan will be pretty much dependent on the outcome of the due process exercise on the plan, says Gamuda Bhd group managing director Datuk Lin Yun Ling (pictured).
LONDON (Dec 7): The first prize winner of Jet Set with Setia campaign’s second draw has embarked on his five-day, four-night trip to London on Dec 5.