KUALA LUMPUR: Kumpulan Jetson Bhd, through its 51%-owned subsidiary Jetson Development Sdn Bhd, has acquired three tracts in Penang from Malaysia Building Society Bhd for RM14 million, according to its statement on Bursa on Jan 18. The three separate tracts - measuring 21,671 sq ft, 23,277 sq ft and 3,346 ... Read More

Last Thursday, Business Times reported that the property developer was the front runner and on the verge of winning the job. Securing the project should bode well for SP Setia, which posted sales of RM1.74 billion and a net profit of RM251.81 million in the year ended October 31 2010 ... Read More

ARENA place of pride The Arena's overall design is inspired by the ancient Roman amphitheater. Its unique architectural style is not only spectacular but also a breathtaking visual monument to meaningful design. It is destined to be a place of pride for owners and a landmark in Penang. The Arena is ... Read More

GEORGE TOWN: The controversial Penang International Convention Centre (PICC) in Relau which has undergone a name change will become the first subterranean convention centre in Malaysia. Chief Minister Lim Guan Eng said the PICC which would now be called the Sub-terranean Penang International Convention and Exhibition (sPICE) Centre would be ... Read More

Sources say SP Setia is likely to get a 30-year concession to build and operate the Penang International Convention Centre Property developer SP Setia Bhd. has emerged as the leading contender to build the Penang International Convention Centre (PICC) on the grounds of the Penang International Sports Arena (Pisa). According to ... Read More

ASIA Pacific Land Bhd (AP Land) (1716), founded in 1961, was initially involved in textile business, operating under the name of Min Ngai Knitting Factory (Malaya) Sdn Bhd. It was listed on the Kuala Lumpur Stock Exchange and the Singapore Stock Exchange in 1969. In 1990, it was delisted in ... Read More

The project which carries a gross development value of RM27 million will comprise only 11 units of the resort-style development which is located within a hillside setting with an ocean view. The company's deputy chairman and executive director Datuk Seri Nazir Ariff Mushir Ariff said Ivory Properties will also unveil ... Read More

The list of Frequently Asked Questions (FAQs) below refers to questions that are frequently asked by the public, residents' associations and the media as well as questions raised in the House of Representatives and the Senate during the years 2009-2010. The definition of Gated and Guarded Community 1. ‘Gated Community’ ... Read More

PETALING JAYA: It is business as usual at IJM Land Bhd after a proposed merger between the company and Malaysian Resources Corp Bhd (MRCB) fell through due to their failure to reach an agreement on the definitive terms and conditions of the plan.IJM Land managing director Datuk Soam Heng Choon ... Read More

KUALA LUMPUR: Kobay Technology Bhd bought freehold land along with a 9-storey hotel called Butterworth Travel Lodge in Butterworth, Penang from Woo Brothers Development Sdn Bhd for RM4.5 million, it announced on Thursday, Jan 6.The group said the acquisition is part of its expansion and diversification plan, and will facilitate ... Read More