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KUALA LUMPUR (Feb 2): Little-known Weida (M) Bhd founder Datuk Lee Choon Chin, who is also a major shareholder, intends to take the company private through a selective capital reduction and repayment that will distribute RM2.

Sold for: RM660,000 (RM692.

PETALING JAYA (Feb 1): All allocated units of Careya terraced houses — the first of S P Setia Bhd’s Starter Homes series in its 2,525-acre Setia Alam township — were sold out on the day it was launched, said the developer in a statement today.

PETALING JAYA (Feb 1): Phillip Capital says Aspen (Group) Holdings’ Aspen Vision City (AVC) in Penang could benefit from the creation of communities and opportunities, The Edge Singapore reported today.

PUTRAJAYA (Feb 1): The target of developing 80,000 homes for the Federal Territories Affordable Housing (RUMAWIP) programme can be achieved this year, Bernama reported Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor as saying yesterday.

PETALING JAYA (Feb 1): A 35m pedestrian link which directly connects the Bandar Utama Mass Rapid Transit (MRT) Station to the 1 Utama Shopping Centre has opened today.

KUALA LUMPUR (Jan 30): KIP REIT Management Sdn Bhd chief executive officer (CEO) Lim Han Gie has opted not to extend his contract, and will retire from the position tomorrow (Jan 31) at 60 years old.

KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.

KUALA LUMPUR (Jan 30): EcoFirst Consolidated Bhd saw its net profit for the second quarter ended Nov 30, 2017 (2QFY18) lifted by over five times to RM27.

KUALA LUMPUR (Jan 30): Amcorp Properties Bhd (AmProp) together with its joint-venture (JV) partner, Grosvenor Europe Investments Ltd, have acquired a residential development project in the sought-after Chamberi district of Madrid, Spain.