News about ng

KUALA LUMPUR (Nov 16): Land & General Bhd (L&G) is acquiring four companies for a total of RM298.

KUALA LUMPUR (Nov 16): Shares in Eco World Development Group Bhd (EcoWorld) jumped as much as 3.

KUALA LUMPUR (Nov 16): AllianceDBS Research said the immediate hurdle for Gadang Holdings Bhd (Gadang) was seen at RM2.

PETALING JAYA (Nov 16): Melbourne, Australia took the No 1 spot as the best city for expats while Singapore emerged as the best city in Asia for expats — the only Asian city that made it into the Top 10 overall ranking of the third annual InterNations Expat Insider 2016 survey.

KUALA LUMPUR (Nov 15): Oriental Interest Bhd (OIB) has officially launched Seroja Hills Condominium phase 2 today.

PETALING JAYA (Nov 15): Eco World Development Group Bhd (EcoWorld) and the Employees Provident Fund (EPF) will jointly develop Eco Grandeur and Eco Business Park V in Kuala Selangor, following a subscription and shareholders agreement (SSA) inked by both parties.

KUALA LUMPUR (Nov 15): Transport Minister Datuk Seri Liow Tiong Lai (pictured) has cited a change in alignment, a longer tunnel link and the weak ringgit as the reasons for the cost of for the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion as estimated by a consulting engineering firm previously.

GEORGE TOWN (Nov 15): Penang has totally lost the ownership of Pulau Jerejak after Penang Development Corp (PDC) sold its 49% ownership in Tropical Island Resort Sdn Bhd (TIRSB) to Ideal Properties subsidiary, Q Island Development.

SINGAPORE (Nov 15): Singapore eDevelopment is proposing to issue corporate bonds to raise up to US$10 million (S$14.

SINGAPORE (Nov 15): JP Morgan reckons that there will be three key implications for Singapore property from Donald Trump’s election as US president.