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KUALA LUMPUR (Jan 6): IJM Corp Bhd is buying Sebana Golf & Marina Resort Bhd (SGMR), the operator of the resort, marina and golf course at Sebana Cove Resort in Pengerang, Johor, for RM1.

Ikhmas Jaya Group Bhd (Jan 5, 59.

Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.

KUALA LUMPUR (Jan 6): UK-based property developer Redrow Homes will launch The Park Collection on Jan 14, 2017, which is the latest phase at its Colindale Gardens development in London.

Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates  (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.

SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.

Protasco Bhd (Jan 4, RM1.

SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s Ascott-branded Cavendish Hotel.

UEM Sunrise Bhd (Jan 3, RM1.

KUALA LUMPUR (Jan 4): Vivocom Intl Holdings Bhd has won two contracts worth a combined RM71.