Dolomite to sell quarry unit to Sunway for RM125m

KUALA LUMPUR (June 4): Dolomite Corp Bhd’s wholly-owned subsidiary Dolomite Industries Co Sdn Bhd (DICSB) has entered into a share sale agreement with Sunway Holdings Sdn Bhd (SHSB), for the proposed sale of its entire equity interest in Dolomite Granite Quarry Sdn Bhd (DGQSB) for RM125 million.

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60% take-up at Sunway Onsen Suites’ sales preview

  IPOH (May 28): Sunway Property’s Sunway Onsen Suites in Sunway City Ipoh has recorded a 60% take-up rate for its first tower comprising 252 units of serviced suites following a sales preview on May 20, said the developer in a press release today.

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US govt returned RM233.7m of 1MDB funds given to Red Granite, says AG

KUALA LUMPUR (May 7): The US government has returned and will be returning substantial monies to Malaysia, representing the first instalment of funds recovered from asset seizures related to 1Malaysia Development Bhd (1MDB) under the US Department of Justice's (DoJ) Kleptocracy Asset Recovery Initiative, says Attorney General Tommy Thomas.

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Understand the cost of preserving the value of your property

  PETALING JAYA (April 27): If you want to future proof the property that you own - probably the single largest investment that you have made, start by understanding the management and maintenance cost of the property, according to Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee.

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