Aspen to secure RM44m via convertible loan

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

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FT minister suggests rebranding of PPR homes

KUALA LUMPUR (April 30): Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor yesterday said that affordable homes initiatives such as the People’s Housing Programme (PPR) could be rebranded to give them a fresh image and shift people’s sentiment about such properties.

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UK new homes shrink to 1940s housing sizes

PETALING JAYA (April 11): The UK’s new home sizes have contracted to levels seen during 80 years ago, underscoring growing concerns over small homes that lie at the heart of the country’s housing crisis,  reported the South China Morning Post.

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