News about l

KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.

KUALA LUMPUR (Aug2): Conglomerate Sunway Bhd has announced the acquisition of two freehold plots — a 14.

On July 11, a 3,800 sq ft unit on the second floor of Astrid Meadows was sold for a S$1.

THE conservation area of Emerald Hill Road, located off Orchard Road and Cairnhill Road in prime District 9, has just 150 terraced houses.

SINGAPORE (Aug 1): DBS Group Research says there are multiple catalyst for Singapore residential prices to head higher in the next two years.

KUALA LUMPUR (Aug 1): The Malaysian Anti-Corruption Commission (MACC) arrested a former special officer to a former Felda chairman to assist in the probe into the purchase of a hotel in Kuching, Sarawak by Felda Investment Corp (FIC), Bernama reported today The anti-graft body’s chief commissioner Datuk Dzulkifli Ahmad said the man was held at 4am at the MACC’s Putrajaya Office where he had gone to provide a statement, Bernama reported.

KUALA LUMPUR (Aug 1): Paramount Corp Bhd’s wholly-owned subsidiary plans to dispose off its private and international schools, Sekolah Sri KDU (SSKDU) and Sri KDU International School, to newly-formed Alpha Real Investment Trust (REIT) for RM165 million.

PORT DICKSON (Aug 1): Hotel resort Lexis Hibiscus Port Dickson saw its official opening yesterday.

KUALA LUMPUR (Aug 1): The ex-chief executive officer (CEO) of Felda Investment Corp (FIC) who was detained yesterday to assist the Malaysian Anti-Corruption Commission (MACC) in the investigation into the case of a hotel purchase in London has been remanded for another four days, Bernama reported today.

PETALING JAYA (July 28): Penang-based architectural firm Eowon Architects Sdn Bhd has been awarded the third prize in the Architecture Categories Competition of the annual International Design Awards (IDA) for The Galleria project.