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.
Fajarbaru 2Q profit triples on better timber demand
KUALA LUMPUR (Feb 23): Fajarbaru Builder Group Bhd’s second quarter net profit more than tripled to RM6.
GCI Development debuts in KL with hilltop villas in Taman Bukit Desa
KUALA LUMPUR (Feb 23): Having developed four projects in Singapore, GCI Development Sdn Bhd has made its debut in Malaysia with a boutique development comprising eight luxury villas in Taman Bukit Desa, Kuala Lumpur.
DONE DEAL: 4-storey bungalow, Jalan Bruas, Damansara Heights, KL
Rented for: RM18,000 Concluded by: Brandon Ann (REN 19897, 012-215 6317) of MIP Properties and Ahmad Firdaus (REN 15800, 016-217 9896) of Nilai Harta Consultant When: December 2017 Noteworthy: ● Freehold ● Land area: 22,200 sq ft ● Built-up area: over 10,000 sq ft ● 9 + 1 bedrooms and 9 bathrooms ● Partly-furnished with water heaters, lamps, kitchen cabinets, ceiling fans, curtains and air-conditioning units ● Facilities include swimming pool, guest house, entertainment hall and garden This large house is in Damansara Heights, an established suburb that features landed homes, office towers, shoplots, and various amenities.
AmFIRST REIT appoints Azlan Baqee as new COO
KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).
