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Resorts World Las Vegas aims to open in 2020
In a statement, Genting also announced the appointment of Edward Farrell as president of RWLV. Farrell will oversee all development activities on the Las Vegas Strip site and prepare the world class, integrated resort for operations in 2020.PETALING JAYA: Genting Group said its proposed Resorts...
EU countries eye investment opportunities in Iskandar Malaysia
BY ZAZALI MUSAJOHOR BARU: European Union (EU) countries are eyeing business and investment opportunities in Iskandar Malaysia as the country’s first economic growth corridor offers good growth prospects.Ambassador and head of the EU delegation to Malaysia Maria Castillo Fernandez said the...
MRCB down 11.5% after cash call move
BY INTAN FARHANA ZAINULMRCB shares fell 11.5% to close at RM1.54 yesterday. Its warrants, which will expire in September next year, fell by 12.9% to 13.5 sen.PETALING JAYA: Shares in Malaysian Resources Corp Bhd (MRCB) tumbled yesterday following the firm’s surprise cash call proposal that would...
Mah Sing’s Titiwangsa land purchase seen positive
Mah Sing announced on Wednesday it will pay RM60mil for 3.6 acres in Titiwangsa, Kuala Lumpur. CIMB Research and RHB Research believed it was a reasonable price to pay.PETALING JAYA: Analysts think Mah Sing Group Bhd has found itself a bargain buy, worthy of an investment call upgrade.Mah Sing...
S P Setia expects to complete acquisition of I&P by year-end
BY S. PUSPADEVITop management: (from left) SP Setia executive vice-president and CFO Choy Kah Yew, Khor, chairman Tan Sri Dr Wan Mohd Zahid Mohd Noordin and deputy president and COO Datuk Wong Tuck Wai after the briefing.SHAH ALAM: Property developer S P Setia Bhd expects to complete the...
Penang defends land sale
GEORGE TOWN: The leasing of a 3ha prime piece of state land via direct negotiation brings the best “value for money”, says Lim Guan Eng.In defending the deal amid public backlash, the Chief Minister said the sale of the plot would bring in RM2bil in foreign direct investments (FDI) for a...
A green industrial park like no other
SAID to be the first holistically managed industrial park in Iskandar Malaysia, i-Park@Indahpura has been named the Most Conducive Workplace by The Iskandar Malaysia Accolades (TIMA) 2016.The industrial park is one of the flagship projects by AME Development Sdn Bhd that is strategically located in...
One with nature beyond the horizon
What constitutes as a liveable residential development?Some might say a development that emphasises on green living while others may feel that seamless security and safety measures or location define a housing area’s liveability.Horizon Hills aspires to offer all the above and more. And, the...
Beautiful future at smart townships
PROPERTY developer UMLand emerged tops in The Iskandar Malaysia Accolades (TIMA) 2016/2017 with three awards for two of their major townships there.Their Seri Austin township was picked as the Corporate Value Champion. They also bagged the Overall Value Champion of TIMA award.Bandar Seri Alam...
Generating income from abroad.
S P Setia sustains through its foreign offerings.Viknesh Ashley ClarenceS P Setia Bhd executive vice president and chief financial officer Choy Kah Yew, S P Setia Bhd president and chief executive officer Datuk Khor Chap Jen, S P Setia Bhd chairman Tan Sri Wan Mohd Zahid bin Mohd Noordin, S P Setia...