News about i

KUALA LUMPUR (Sept 29): Not all of the seven companies that bid for the Light Rail Transit 3 (LRT3) project met stringent assessments set by Prasarana Malaysia Bhd, the project owner said.

KUALA LUMPUR (Sept 29): Ikea Cheras is one step closer to opening its doors as they celebrated the completion of the building with a traditional Swedish thanksgiving event, Roof Capping, yesterday.

PETALING JAYA (Sept 29): Kwasa Land, the master developer for Kwasa Damansara has awarded its first main infrastructure works project (WPC 1A) to WCT Holdings Bhd (WCT).

SINGAPORE (Sept 29): Singapore’s Croesus Retail Trust is acquiring Torius Property, a retail property located in Fukuoka, Japan, for a purchase consideration of JPY8 billion (RM297 million), through debt and equity financing.

KUALA LUMPUR (Sept 29): Midsize property developer Brem Holding Bhd, which is expecting the financial year ending March 31, 2016 (FY16) to see flat year-on-year earnings growth, said its civil engineering and construction segment would drive the company’s earnings going forward as its property segment faces a slowdown in sales.

KUALA LUMPUR: MMC Corp Bhd’s wholly-owned subsidiary, Senai Airport City Sdn Bhd (SACSB), is leasing 24.

KUALA LUMPUR (Sept 29): Old Klang Road, which has seen new developments mushrooming in recent years, will soon see another serviced apartment project.

KAJANG (Sept 29): Tropicana Heights Kajang’s second phase, Parkfield Residences, has seen a take-up rate of over 70% and 50% for its 2-storey terraced houses and 3-storey linked semi-detached houses respectively, said Tropicana Corp Bhd executive director Kelvin Choo.

KUALA LUMPUR: Protasco Bhd will hand over its entire Phase 1 of the De Centrum City development in Kuala Lumpur South, comprising a shopping centre block with 29 retail units, a serviced apartment block with 320 units, a small office/home office block with 192 units and 54 shoplots to purchasers in December.

KUALA LUMPUR (Sept 28): UEM Sunrise Bhd has sold 60% of its Conservatory apartments in Melbourne during its worldwide marketing roadshow which started a month ago.