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KUBANG PASU (Oct 11): The Jitra Magistrate’s Court here granted a two-day remand order on DBI Properties managing director Datuk Noruliman A Rahman to help investigations into a property scam here involving RM30,000, Bernama reported today.

KUALA LUMPUR (Oct 11): Do you ever complain about rental prices in the Klang Valley or other urban centres in Malaysia? Well, take a look at the situation in Hong Kong and count our lucky stars.

KUALA LUMPUR (Oct 11): George Kent (Malaysia) Bhd is partnering Siemens Aktiengesellschaft, Germany, and Siemens Pte Ltd, Singapore, for the Kuala Lumpur to Singapore High Speed Rail (HSR) tender.

  PETALING JAYA (Oct 11): Sime Darby Property Bhd is launching the first phase of Elmina Green, comprising 187 units of 2-storey terraced homes at City of Elmina, this Saturday (Oct 14).

KUALA LUMPUR (Oct 11): PRG Holdings Bhd is set to develop its first affordable housing development in Ipoh, Perak with Syarikat Perumahan Negara Bhd (SPNB) once it has acquired the parcels of land there for the remaining sum of RM8.

KUALA LUMPUR (Oct 11): Shares of AWC Bhd fell  3.

KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.

KUALA LUMPUR (Oct 11): Sunway Bhd’s subsidiary, Sunway Lagoon Sdn Bhd (SLSB), has proposed to raise its stake in property developer Sunway South Quay Sdn Bhd (SSQ) to 80% from 60%.

KUALA LUMPUR (Oct 10): After over one year of deference, the RM130 million contract awarded to AWC Bhd by the federal government to maintain the Integrated Transport Terminal in Bandar Tasik Selatan (BTS) has been terminated.

Ibraco Bhd (Oct 9, no transaction) Reiterate hold with an unchanged target price of 94 sen: In February, Ibraco Bhd unveiled its first property development outside Sarawak, namely The Continew (GDV: RM415 million) in Kuala Lumpur.