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Business 01 Apr 2016 | 12:00 AM Premium

I-Bhd gets many enquiries for 8Kia Peng

KUALA LUMPUR: Despite the subdued sentiment in the property sector, I-Bhd has received many enquiries on its latest property project called King of the Hill, 8Kia Pe??ng within Zone 1 of KL City Centre (KLCC) here

Corporate News 06 Jan 2016 | 12:00 AM Premium

1MDB: China Railway’s RM5.28bil refers to its share of the land’s net equity value

PETALING JAYA: 1Malaysia Development Bhd (1MDB) has clarified that China Railway Group Ltd’s revised figure of RM5.28bil for the controlling stake in Bandar Malaysia was in reference to the estimated share of the land’s net equity value.

Business 05 Jan 2016 | 12:00 AM Premium

1MDB stake sale price ‘reasonable’

PETALING JAYA: The whopping RM7.41bil price tag for the sale of 1Malaysia Development Bhd’s (1MDB) 60% stake in Bandar Malaysia is considered reasonable, based on the valuation of surrounding plots of land within the vicinity.

Business 24 Mar 2015 | 12:00 AM Premium

Tie-up set to boost E&O clientele

PETALING JAYA: Eastern & Oriental Bhd’s (E&O) latest joint venture with Japan’s Mitsui Fudosan will see Malaysia’s first wellness-themed property project launched as well as spread further brand awareness about E&O in the Japanese property market, said analysts.

Business 01 Dec 2014 | 12:00 AM Premium

Penang developers plan RM4.7bil worth of affordable houses

GEORGE TOWN: The Penang property scene, which has seen prices soaring to new levels in the last two years, will see new affordable properties with a gross development value (GDV) of RM4.7bil entering the market in prime locations over the next three years.

Corporate News 19 Sep 2014 | 10:05 PM Premium

Hundreds of thousands of orders placed for Alibaba in debut

NEW YORK: A top New York Stock Exchange executive on Friday said on CNBC that "hundreds of thousands of orders" for shares of Alibaba Group Holdings Ltd. had been placed ahead of the stock's trading debut, expected later in the morning.

Business 09 Jun 2014 | 12:00 AM Premium

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ICON Offshore Bhd, en route to a listing on June 25, is one of the largest pure-play offshore support vessel (OSV) providers in South-East Asia, according to Kenanga Research.

Business 24 Apr 2014 | 12:00 AM Premium

Battersea's 2nd phase to cost more than twice of phase 1

PETALING JAYA: The second phase of the Malaysian-owned Battersea Power Station redevelopment project is being priced at a record level in the Nine Elms area of London, making it a new prime area to watch.

Property 15 Apr 2014 | 12:00 AM Premium

Eco World to develop remaining Kota Masai land

PASIR GUDANG: Eco World Development Group Bhd (formerly Focal Aims Holdings Bhd) will start developing its remaining undeveloped land at the Kota Masai township by September.

Business 12 Sep 2013 | 7:59 AM Premium

Dell launches $5.5 billion loan to back leveraged buyout

NEW YORK: Computer maker Dell Inc (DELL.O) set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC.