Impact on Sime minimal even if hotel deal materialises
Maintain neutral with an unchanged target price of RM8.
1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
Kulim acquires land from Johor Corp for RM17.93m
KUALA LUMPUR (Dec 7): Kulim (Malaysia) Bhd (Kulim) proposed to acquire a 14 acres of Johor industrial land from Johor Corp Bhd (JCorp) for a total consideration of RM17.
1MDB close to finalising sale of Bandar Malaysia, says report
KUALA LUMPUR (Dec 7): Debt laden 1Malaysia Development Bhd (1MDB) may soon be closing its final deal on the 60% stake of Bandar Malaysia’s project to remove its debt burden, according to a news report.
Penang Transport Master Plan welcomed, with caveats
PENANG (Dec 7): Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project.
PROPERTY SNAPSHOT 1: Damansara's northern lights
This week’s spotlight falls on non-landed residential property in the northern region of Petaling Jaya (PJ).
Best Western Hotels and Resorts launches hotel in Bandung
BANGKOK (Dec 4): Best Western Hotels and Resorts has launched a brand new upscale hotel, Best Western Premier La Grande Hotel, in Bandung on Dec 1.
Fajarbaru confirms joint bid for RM7 billion Gemas-Johor Baru rail link
KUALA LUMPUR: Fajarbaru Builder Group Bhd has confirmed that it has partnered a China company to jointly bid for the RM7 billion Gemas-Johor Baru rail link.
Management cannot stop foreigners from staying, says buyers association
PETALING JAYA (Dec 3): The decision by the Alam Prima management in Shah Alam, Selangor, to state that foreigners are not welcome to stay at its units is irregular and morally wrong, according to the National House Buyers Association (HBA).
