News about l

Sold for: RM1.

SINGAPORE (Feb 16): City Developments says wholly-owned subsidiary, Global City International, has acquired an additional 30% stake in Suzhou Global City Genway Properties Co from Suzhou Industrial Park Genway Housing Development Group Co.

KUALA LUMPUR (Feb 16): Bina Darulaman Bhd’s group managing director Datuk Izham Yusoff’s contract has been extended by another two years, effective from this month.

KUALA LUMPUR (Feb 16): Yong Tai Bhd is taking up a 70% stake in land holding company Iconic Paragon Sdn Bhd for a proposed development on two leasehold plots with a cumulative size of 1.

KUALA LUMPUR (Feb 16): AlloyMtd Group’s One Crown Place, a mixed development on the edge of London city, is set to be launched in Asia next month.

KUALA LUMPUR (Feb 16): The Malaysian and Singapore governments have awarded the joint development partner (JDP) contract for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project to a consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.

KUALA LUMPUR (Feb 16): Property consultancy firm Rahim & Co said it expects the Malaysian property market to recover within the next year or so, as the decline in property transactions is seen to be slowing down.

KUALA LUMPUR (Feb 16): Tiah Joo Kim, CEO of TA Global Bhd and Canada-based Holborn Group, has said he will not remove the name of US president Donald Trump from their luxury condominium-hotel project in Vancouver.

KUALA LUMPUR (Feb 16): I-Bhd recorded a 9.

SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of S$4.