E&O plans luxury homes in IDR
By THE STARPETALING JAYA: Eastern & Oriental Bhd (E&O) is exploring the possibility of a high-end residential property development in the Iskandar Development Region (IDR).The company signed a memorandum of understanding (MoU) with Kuwait Finance House (M) Bhd (KFH) for the development of a 195-acre in the IDR in mid-February.E&O managing director Datuk Tham Ka [...]
Hunza unit buys 2.5ha in KL
By BUSINESS TIMESHUNZA Properties Bhd’s wholly owned unit, Hunza Properties (Wilayah) Sdn Bhd, has agreed to buy two pieces of land measuring 2.5ha in Kuala Lumpur from Tan Chai Chof Holdings Sdn Bhd and three other individuals for RM21.3 million.
SP Setia to widen revenue base
By THE STAR KUALA LUMPUR: SP Setia Bhd, which is developing townships and niche projects in the Klang Valley, Penang and Johor, is aiming for a broader revenue contribution base by 2012. Group managing director and chief executive officer Tan Sri Liew Kee Sin said the company was targeting a larger contribution from …
Plenitude unveils Tebrau City Residences
By BERNAMAKUALA LUMPUR: Plenitude Bhd has launched Tebrau City Residences, the first serviced apartments project in Johor Baru, which is integrated in a “city within a city” concept at Tebrau City.Tebrau City Residences, comprising 1,088 units, is designed for modern city living next to three retail malls – AEON Jusco mall and the upcoming Tesco [...]
IOI Properties to raise RM932m
By BUSINESS TIMESPROPERTY developer IOI Properties Bhd plans to raise up to RM932 million from a rights issue to part-fund its projects in Singapore.It will also use part of the money to refinance existing debt, it said in a statement to Bursa Malaysia yesterday.IOI Properties has total debt of RM225 million.In January, the company, a [...]
Plenitude launches Tebrau City Residences
By BUSINESS TIMESMIXED development firm Plenitude Bhd has launched Tebrau City Residences, the first serviced apartments project in Johor Baru, which is integrated in a “city within a city” concept at Tebrau City.Tebrau City Residences, comprising 1,088 units, is designed for modern city living adjacent to three international retail malls – AEON Jusco mall and [...]
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