News about ng

Sunway Bhd (May 12, RM3.

KUALA LUMPUR (May 13): Debt-laden 1Malaysia Development Bhd (1MDB) today announced it has sold land for RM665 million to Indonesia's Mulia Group to build its Signature Tower in the Tun Razak Exchange (TRX), a week after news broke out of a controversial land purchase by Lembaga Tabung Haji.

CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.

KUALA LUMPUR (May 12): Trinity Group today launched its RM300 million water-themed condominium project, Trinity Aquata @ KL South.

PETALING JAYA (May 12): Sunway Bhd is proposing a mixed development across 17 acres in Kelana Jaya, with an estimated gross development value (GDV) of RM1.

(Graphic by Land Transport Authority) SINGAPORE (May 12): The Singapore government yesterday announced that it had earmarked the current site of Jurong Country Club (JCC) for the Kuala Lumpur-Singapore High Speed Rail (HSR) terminus.

KUALA LUMPUR (May 12): Pilgrims' fund Lembaga Tabung Haji's sale of a piece of land it purchased for RM188.

KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.

KUALA LUMPUR (May 11): The Malaysian Investment Development Authority (MIDA) and the Construction Industry Development Board (CIDB) believed productivity, safety and competitiveness among industry players will be enhanced with the greater adoption of Industrialised Building Systems (IBS).

KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.