News about g

KUALA LUMPUR (Dec 16): The weak ringgit against the US dollar is not expected to have a major impact on the construction of Ekovest Bhd’s Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway (DUKE) Phase 3.

KUALA LUMPUR (Dec 16): YNH Property Bhd (YNH) is planning to sell one of its medical institutions, Pantai Hospital Manjung in Perak, to Pantai Medical Centre Sdn Bhd (PMC) for RM63 million.

WITH his boyish looks and impish sense of humour, Datuk Douglas Cheng could sell ice to an Eskimo.

PETALING JAYA: Malaysia Land Properties Sdn Bhd (Mayland) is planning to launch properties worth RM2.

Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size:  50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.

SINGAPORE (Dec 15):  DBS Group Research says Frasers Hospitality Trust is in a stronger position to pursue acquisition opportunities, following its recent pre-emptive rights issue.

KUALA LUMPUR (Dec 15): It is still too early to bet on the Genting Bhd group's gain from Japan's parliament passing a landmark bill legalising casino operations there, as a competitive bidding war is expected to be opened up by the development.

GLOBAL Oriental Bhd is wrapping up the year with a soft launch of the second phase of its Galleria mid-range serviced apartment, in Equine Park, Seri Kembangan, on Dec 3.

PETALING JAYA (Dec 15): As a supporter for motorsports events, LBS Bina Group Bhd has collaborated with P1 Marine Motorsports (Malaysia) Sdn Bhd to nurture local water sports talents, according to LBS Bina managing director Tan Sri Lim Hock San.

SINGAPORE (Dec 15): Mapletree Logistics Trust is set to expand further in Australia, with the proposed acquisition of a portfolio of four logistics properties in Victoria for a total of A$142.