RM350mil more projects from SBC

By THE STARKUALA LUMPUR: Property developer SBC Corp Bhd plans to launch more than RM350mil worth of projects in the next three years.“We will focus on PJXchange (PJX), Signal Hill in Kota Kinabalu, and a mixed commercial project in Jalan Ipoh, Kuala Lumpur,” managing director Sia Teong Heng said after the company’s AGM yesterday.PJX, the [...]


UEM Land signs accord with GE

By THE STARKUALA LUMPUR: UEM Land Sdn Bhd, in a tie-up with General Electric Co (GE), expects to come up with a safety and security blueprint for the whole of Nusajaya by the first quarter of 2008. According to managing director Wan Abdullah Wan Ibrahim, safety and security would be a key component of …


Key projects to boost Gamuda earnings

By THE STARPETALING JAYA: Gamuda Bhd’s earnings are expected to gain momentum in the financial year ending July 31, 2008 (FY08) and FY09 due to higher contributions from several key projects, according to AmResearch. The projects, the brokerage said, included the Ipoh-Padang Besar double-tracking job worth RM6bil, the RM1.9bil Nam Theun 1 hydropower project …


Metacorp plans to launch RM170m properties this year

By BUSINESS TIMESMETACORP Bhd, a 75 per cent-owned subsidiary of infrastructure group MTD Capital Bhd, will in this financial year launch RM170 million worth of properties in its ongoing projects in Malacca and Kajang.However, the company said it has yet to finalise plans for the land that it is buying in Bukit Damansara.”We will probably [...]


AMDB plans to sell Sepang land, Johor resort

By BUSINESS TIMESAMDB Bhd plans to sell some 527ha of land in Sepang and a resort in Johor to help reduce its debt, chairman Azmi Hashim said.AMDB, which returned to the black with net profit of RM24.5 million for the year ended March 31 2007, is involved in the property, engineering, restaurant and resort business, [...]


British home builder sees lower sales

By THE STARLONDON: British housebuilder Barratt Developments saw sales of its homes plunge as much as 10% last week as the crisis at mortgage lender Northern Rock led buyers to pull out of the market.However, Britain’s third biggest housebuilder said yesterday in reporting annual results that it did not expect a long-term impact and the [...]