UOA Development acquires land in Sri Petaling for RM61m for mixed development
KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.
PDC makes RFP for Batu Kawan theme park — again
PETALING JAYA (Feb 24): The Penang Development Corp (PDC) has made a request for proposals (RFP) for its outlay-heavy “International Theme Park and Mixed Development East of Batu Kawan” – this time on more flexible terms, reported The Edge weekly.
IOI Properties' S'pore project faces setbacks, say sources
PETALING JAYA (Feb 24): IOI Properties Group Bhd’s proposed joint venture in the Marina Bay financial district has faced challenges in obtaining longer-term financing and fulfilling specific conditions precedent, reported The Edge weekly, citing sources.
Tadmax to return to the black in FY18
KUALA LUMPUR (Feb 23): Tadmax Resources Bhd, whose losses widened in the first nine months of 2017, expects to be on a better footing this year with the bulk of the group’s short-term financial commitments largely resolved.
Cahya Mata Sarawak 4Q net profit falls by a third, proposes 8 sen dividend
KUALA LUMPUR (Feb 23): Cahya Mata Sarawak Bhd's (CMSB) net profit fell 35.
'Yang Yin' house in Singapore up for sale, likely to fetch RM104m
PETALING JAYA (Feb 23): A single-storey bungalow occupying a freehold parcel as big as half a football field in land-scarce Singapore that was the subject of a fraught court battle between a former China tour guide and a wealthy widow has been put on the market, where it is expected to fetch S$35 million (RM104 million or RM3,254 psf), reported The Straits Times.
Sabah gazettes 24 heritage sites
PETALING JAYA (Feb 23): Sabah’s State Heritage Council has gazetted 24 heritage sites in Sabah — including the Sabah Tourism Board building (formerly the Kota Kinabalu post office) and the Atkinson Clock Tower — as it seeks to preserve the land below the wind’s heritage and culture while tapping into their tourism potential.
Seacera buys 70% stake in construction firm for RM35m
KUALA LUMPUR (Feb 23): Seacera Group Bhd is acquiring a 70% stake in a firm that has been awarded a RM338 million roadwork contract in Pahang.
MBPJ under fire for revealing identity of complainant to developer
PETALING JAYA (Feb 23): Majlis Perbandaran Petaling Jaya (MBPJ) has been lambasted for releasing personal information of a resident who had complained against construction work near her home, which has sparked privacy concerns that may silence future complainants.
