News about l

KUALA LUMPUR (June 16): Malaysian Resources Corp Bhd (MRCB), which is in the midst of undertaking a rights issue, is buying three parcels of land from Kuala Lumpur City Hall (DBKL) for RM335.

Sold for: RM572,000 (RM480 psf) Concluded by: Ken Lai Kian Yoong (REN 04845, 017-606 9056) and Lim Hui Lin (REN 11542, 018-2759199) from Polygon Properties Sdn Bhd When: April 2017 Noteworthy: ● Freehold ● Built-up: 1,191 sq ft ● Has a pool view ● Nearby amenities: restaurants, mini markets, banks, golf courses (Kinrara Golf Club, Bukit Jalil Golf Club and Mines Golf & Country Resort), shopping malls (Giant Kinrara, IOI Mall) and LRT Station along Ampang Line Extensions (between Station BK5 and Station Alam Sutera) Developed by Trinity Group of Companies, The Zest is a mixed development located in Bandar Kinrara 9, Puchong.

SINGAPORE (June 15): Maybank Kim Eng is maintaining its “positive” outlook on developer stocks with catalysts from an impending rebound in home prices.

SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.

KUALA LUMPUR (June 15): Protasco Bhd has bagged a RM174.

SUBANG JAYA (June 15): Sunway Construction Group Bhd (SunCon) is aiming to break the RM2 billion revenue target for the current year, backed by its outstanding order book of RM4.

SINGAPORE (June 15): ARA Asset Management has been said to be in line to purchase a half-share of Mirvac’s Olderfleet office development at 477 Collins Street, Melbourne, Australia.

KUALA LUMPUR (June 15): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded an RM342.

KUALA LUMPUR (June 15): Iskandar Waterfront City Bhd (IWC) shares gained 3.

PETALING JAYA (June 15): Eco World Development Group Bhd had achieved total sales of RM1.