News about development

KUALA LUMPUR (July 25): Iskandar Waterfront City Bhd’s (IWCity) substantial shareholder Creed Asia Development (M) Sdn Bhd has trimmed its stake to 5.

PETALING JAYA (July 24): Eco World Development Group Bhd (EcoWorld) has opened its 3-storey shopoffices in Eco Boulevard at Eco Botanic in Johor Bahru, last Saturday.

KUALA LUMPUR (July 19): Nexgram Holdings Bhd’s wholly-owned subsidiary, Nexgram Land Sdn Bhd, is being sued by Spacious Glory Sdn Bhd for RM12.

KUALA LUMPUR (July 18): I-Bhd shares rose 2.

SHAH ALAM (July 18): Property developer Eco World Development Group Bhd (EcoWorld) has launched its Johor chapter of the EcoWorld Toastmasters Club.

KUALA LUMPUR (July 13): Malaysia Pacific Corp Bhd (MPCorp) said it has entered into a joint venture (JV) agreement with Taiwan-based Chun Fu Development Sdn Bhd to jointly develop 13 pieces of land in Plentong, Johor.

PETALING JAYA (July 11): Furniture manufacturer and property developer SYF Resources Bhd has seen take-up rates of at least 80% for its projects south of Kuala Lumpur in Bandar Sungai Long and Semenyih, Selangor.

KUALA LUMPUR (July 6): Malaysian Resources Corp Bhd (MRCB) rose as much as 11 sen or 8% after the builder and property developer extended the option period to buy Nusa Gapurna Development Sdn Bhd's assets.

PETALING JAYA (July 4): The Battersea Power Station redevelopment project will see its first commercial tenants open for business in the summer of 2017.

KUALA LUMPUR (July 4): Tiger Synergy Bhd, together with landowner LJ Development (KL) Sdn Bhd, will undertake a residential and/or commercial development with an estimated gross development value (GDV) of RM80 million in Klang, Selangor.