News List

Maybank Sees Good Response For New Mortgage Facility For Property Purchase In London

KUALA LUMPUR, Jan 13 (Bernama) -- Malayan Banking Bhd (Maybank) is anticipating a take up of RM60 million within the next six months for its latest mortgage facility 'Overseas Mortgage Loan Scheme' being offered for those purchasing properties in London, United Kingdom.

Property Market To Be Positive This Year

KUALA LUMPUR, Jan 13 -- The outlook for the property market this year is expected to be positive following the likely moderate recovery in the country's economy, said Rahim & Co Chartered Surveyors Sdn Bhd, one of the largest real estate consultancy firms in Malaysia.

Perda Builds 4,750 Houses For Low, Middle Income Groups

BUTTERWORTH, Jan 12 (Bernama) -- The Penang Regional Development Authority (Perda) will build 4,750 houses for those in the low and middle income groups in the state under the 10th Malaysia Plan.

Sunway Holdings To Jointly Develop Land In Singapore

KUALA LUMPUR, Jan 11 (Bernama) -- Sunway Holdings Bhd was awarded the tender of a land parcel at Yuan Ching Road, Singapore for a 103-year lease term valued at S$131.6 million (RM314.91 million).

Movenpick Hotel In Malaysia Set For 2014 Opening

DUBAI, Jan 11 (Bernama) -- Movenpick Hotels & Resorts has signed a management agreement to operate the Movenpick Hotel & Convention Centre KLIA in Malaysia, which is scheduled to open in early 2014.

Overwhelming Response For Tambun Indah IPO

KUALA LUMPUR, Jan 10 (Bernama) -- Tambun Indah Land Bhd, a leading property developer in Penang, saw overwhelming response to its initial public offering (IPO) with its public tranche of 11.05 million shares oversubscribed by 14.9 times.

Maju Holdings Must Tear Down Fences, Says Nong Chik

KUALA LUMPUR, Jan 7 (Bernama) -- The government will issue a 14-day notice to Maju Holdings Sdn Bhd (Maju Holdings) to tear down the fences built on a land earmarked for a public recreational park in Bandar Tasik Selatan here.

MBSB Aims To Grow Total Financing Assets To RM15 Billion In 2011

KUALA LUMPUR, Jan 7 (Bernama) -- Malaysia Building Society Bhd (MBSB), a government-linked company, aims to grow its financing asset base by RM5 billion to RM15 billion this year from its current RM10 billion, said Chief Executive Officer Datuk Ahmad Zaini Othman.

SP Setia Share Price May Test Post-asian Crisis High

KUALA LUMPUR, Jan 7 (Bernama) -- SP Setia's share price is set to surpass OSK Research's current target price of RM6.58 and test its post-Asian crisis high, it said Friday.

Sunway City Launches Integrated Mixed Development Project

KUALA LUMPUR, Jan 6 (Bernama)-- Sunway City Bhd has launched its latest integrated mixed development, Sunway Nexis, located at Dataran Sunway, Petaling Jaya.

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