Titijaya Land looks to construction for new growth

KUALA LUMPUR (Nov 7): While Titijaya Land Bhd has denied that China Railway Group Ltd (CREC) is acquiring shares in the company to build up a strategic stake, it will be signing a deal with the Chinese construction company tomorrow in relation to what it has termed as “a potential development project collaboration”.

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Market left guessing Desmond Lim’s plans

KUALA LUMPUR (Nov 3): Tan Sri Desmond Lim Siew Choon’s emergence as the single-largest shareholder of WCT Holdings Bhd on Tuesday has got the market speculating about his plans for the construction group as well as Malton Bhd and Pavilion Real Estate Investment Trust (REIT), in which he has 35.

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80% of the Core SoHo Suites Tower B units taken up

PETALING JAYA (Oct 31): KIP Group’s latest development — Core SoHo (Small-office Home-office) Suites in Kota Warisan, Sepang, is well-received with 80% of Tower B’s units taken-up, according to the group’s director Valerie Ong.

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Pavilion REIT casts an eye over greenfield projects

Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.

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