Mammoth to sell Empire Shopping Gallery at the right price
PROPERTY developer cum owner and operator of hotels and malls Mammoth Empire Holdings Sdn Bhd (MEH) is ready to divest Empire Shopping Gallery in Subang Jaya, Selangor, should it receive a desirable and concrete offer.
Global Oriental's unit buys RM170.7m land to expand development activities
KUALA LUMPUR (June 6): Global Oriental Bhd's 51%-owned unit Sering Manis Sdn Bhd (SMSB) plans to acquire 113.
Gamuda Land to hold Australian launch of 661 Chapel St in 3Q2016
PETALING JAYA (June 6): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch its first Australian project — 661 Chapel St in Melbourne — Down Under in the third quarter of this year, said the developer’s chief operating officer Ngan Chee Meng.
South Korean transport minister to promote HSR
SEOUL (June 6): The South Korean ministry of land, infrastructure and transport (Molit) plans to engage with the relevant parties in Malaysia to promote its high-speed rail (HSR) technology, in a move to facilitate a South Korean consortium’s bid for the upcoming 375km Kuala Lumpur-Singapore HSR project.
Trion Kuala Lumpur to target local buyers
CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.
Sustainability wins it for S P Setia
WHEN S P Setia Bhd drew up the plans for its corporate headquarters at Setia City commercial centre at its flagship township Setia Alam in Shah Alam, the developer knew it wanted an icon that signified its commitment to sustainable development.
Avanti Residences’ final phase is 55% sold
PETALING JAYA (June 3): The third and final phase of Avanti Residences in Saujana Permai U17, Shah Alam, by property developer Johawaki Development Sdn Bhd is 55% sold since its launch on May 7, marketing manager Ku Reza Ku Abd Rahman told TheEdgeProperty.
Damansara Realty seeks to raise RM150m via notes
KUALA LUMPUR (June 3): Damansara Realty Bhd plans to raise up to RM150 million by issuing redeemable convertible notes to fund its property development activities and for working capital.
Econpile bags RM208 mil works contract
KUALA LUMPUR (June 3): Econpile Holdings Bhd has bagged a RM208 million contract to undertake bored piling and pile caps, diaphragm walls and earthworks, as well as foundation and substructure works for a mixed commercial development in Jalan Ampang here.
