Aspen plans RM550 mil RTO with Yi-Lai

KUALA LUMPUR (Feb 25): Penang-based property developer Aspen Group is planning a reverse takeover (RTO) of ceramic and homogeneous tiles maker Yi-Lai Bhd, which will see the latter branching out into property development.

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SDB to focus on sales of existing projects

PETALING JAYA (Feb 24): Selangor Dredging Bhd (SDB) will be focusing on the sales of its property projects that are currently under construction as it seeks to maintain the strength of its strong balance sheet this year, the group said in a press statement today.

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Pine Valley to launch in June

PUTRAJAYA (Feb 24): Encouraged by the overwhelming sales of the first phase, Putrajaya Holdings Sdn Bhd – the master developer of Putrajaya – is aiming to unveil the second phase of Pine Valley 2-storey terraced houses in June this year.

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