City & Country: M Summit expands its horizons
PENANG-BORN Datuk Albert Moh’s ambition growing up was to be an architect.
Three outfits said to be on shortlist for LRT3 PDP
KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).
Developers laud guidelines to speed up release of Perak bumiputera lots
IPOH (June 19): A large portion of the "stock overhang" in the state property market are lots allocated under the Bumiputera Lot Quota Regulation, says Perak branch Real Estate And Housing Developers' Association (Rehda) chairman Tony Khoo Boon Chuan.
Malaysia Pacific Corp appoints special auditor
KUALA LUMPUR (June 19): Malaysia Pacific Corp Bhd (MPCB) has appointed UHY to conduct a special audit on the property developer following queries from shareholders and regulators on the company.
Tambun Indah expands landbank by 19.05 acres in Bukit Mertajam
PENANG (June 19): Penang-based property developer Tambun Indah Land Bhd (TILB) is acquiring 19.
The Edge-Mah Sing Millionaire Contest starts tomorrow
PETALING JAYA (June 19): The Edge-Mah Sing Millionaire contest – which will see one lucky winner take home a RM1 million prize voucher for any launched Mah Sing residential property in Malaysia – starts tomorrow.
Exciting times ahead for Jalan Ipoh
IT is one of the oldest arterial roads in Kuala Lumpur: Jalan Ipoh stretches from the Jinjang and Segambut neighbourhoods to the older heart of the city near Sentul, Titiwangsa and Chow Kit.
Mah Sing expects better sales in 2H
KUALA LUMPUR (June 19): Mah Sing Group Bhd expects sales to pick up in the second half of the year (2H2015) following sales of just RM761 million in the first four months of the year – or 22% of their RM3.
Tropicana Corp founder Danny Tan retires after 36 years
PETALING JAYA (June 19): Property tycoon Tan Sri Danny Tan, who founded Tropicana Corp Bhd in 1992, had retired as group executive vice chairman, the developer said in a press statement yesterday.
Mah Sing Jan-April property sales at RM761 mil, better 2H seen
KUALA LUMPUR (June 18): Mah Sing Group Bhd, which sold RM761 million worth of properties between January and April this year, expects sales to be better in the second half (2H) of 2015.
