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.

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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.

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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.

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