Five plants with multiple uses

THERE are multi-functional furniture, multi-functional cookers, and all sorts of other multi-functional items being introduced into the market lately.

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PR1MA garners 4,243 unit sales up to January

KUALA LUMPUR (March 16): Sales of houses under the under the 1Malaysia People's Housing Programme (PR1MA) totalled 4,243 as at January, said Minister in Prime Minister's Department Datuk Seri Shahidan Kassim.

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L&G’s RPT deal catches MSWG’s attention

KUALA LUMPUR (March 15): Land & General Bhd’s (L&G) related party transaction (RPT) proposal to take over five property firms from its major shareholder, Malaysia Land Properties Sdn Bhd (Mayland), for RM344 million cash has caught the Minority Shareholder Watchdog Group’s (MSWG) attention as questions remain over the deal.

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Breaking up Sime Darby is a smart move — Aberdeen CEO

KUALA LUMPUR (March 14): Sime Darby Bhd’s decision to unlock value for its shareholders by breaking its conglomerate structure into three distinct pure play companies is a smart move, said Aberdeen Asset Management plc co-founder and chief executive officer (CEO) Martin Gilbert.

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$4.92 mil loss at Orchard Scotts

THE top two losses for private non-landed homes sold in the week of Feb 14 to 21 were for units in Orchard Scotts, a 99-year leasehold ­condominium in prime District 9 completed in 2008.

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