E&O eyes foreign buyers to realise FY16 earnings goal

KUALA LUMPUR (Sept 30): High-end property developer Eastern & Oriental Bhd (E&O) is maintaining its target of achieving RM173 million in net profit for the financial year ending March 31, 2016 (FY16) despite a challenging outlook for the company in view of the soft property market.

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Urban regeneration key to growth, says minister

KUALA LUMPUR (Sept 29): Revitalising the older parts of the city that are no longer economically viable is the only way to accommodate the continual growth of the city, said the deputy Federal Territories minister Datuk Loga Bala Mohan at the opening ceremony of the 7th International Conference on World Class Sustainable Cities (WCSC) 2015 today.

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Parkfield Residences 2-storey terraced houses 70% sold

KAJANG (Sept 29): Tropicana Heights Kajang’s second phase, Parkfield Residences, has seen a take-up rate of over 70% and 50% for its 2-storey terraced houses and 3-storey linked semi-detached houses respectively, said Tropicana Corp Bhd executive director Kelvin Choo.

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