Damansara Realty seeks to raise RM150m via notes
KUALA LUMPUR (June 3): Damansara Realty Bhd plans to raise up to RM150 million by issuing redeemable convertible notes to fund its property development activities and for working capital.
MRCB named Kwasa Damansara infrastructure PDP
KUALA LUMPUR: Malaysian Resources Corp Bhd’s (MRCB) wholly-owned subsidiary MRCB Builders Sdn Bhd has been appointed the project delivery partner (PDP) to build the main infrastructure of Kwasa Damansara township.
The most exclusive suburbs in town
IF you have not RM1 million, nor RM5 million, but RM10 million to spend, what would you do? For one, you could consider getting a RM10 million ringgit home in what many would call the most exclusive residential addresses in the country.
EPF appoints MRCB as Kwasa Damansara project delivery partner
KUALA LUMPUR (May 26): The Employees Provident Fund's (EPF) wholly-owned unit Kwasa Land Sdn Bhd appointed Malaysian Resources Corp Bhd (MRCB) as project delivery partner (PDP) to develop the Kwasa Damansara township's main infrastructure.
TRC expects contribution from property to increase to 20-30% in two years time
KUALA LUMPUR (May 24): Construction company TRC Synergy Bhd (TRC Synergy) expects contribution from its property segment to increase to between 20% to 30% of the total revenue in two year's time.
Tropicana set for stronger quarters
KUALA LUMPUR: Tropicana Corp Bhd is set to report strong quarterly earnings in the remaining quarters of the year, an analyst said, as it unlocks the value of its land bank in the Klang Valley, as well as in the northern region.
DONE DEAL: 2-storey detached house, Damansara Heights
Rented for: RM10,000 Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604) When: March 2016 Noteworthy: • Freehold • Built-up: 5,200 sq ft • Land size: 8,200 sq ft • 6 rooms • 7 bathrooms • Comes with a swimming pool • Leased for two years • Partially furnished with lights, wardrobes and curtains According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the property is located along Jalan Beka, which has guards around the clock, thus ensuring the safety of its residents at all times.
An old housing estate’s potential
SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.
I’m here to crack the whip, says TA Global’s Joo Kim
AFTER spending the most of the last seven years jetting back and forth between Vancouver, Canada, and Kuala Lumpur, the 36-year-old new CEO of TA Global Bhd, Tiah Joo Kim (pictured) — the third child and eldest son of chairman Datuk Tony Tiah and his wife Datin Tan Kuay Fong — says he is now back in town to “crack the whip” and get the group’s property projects moving.
