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AN all-time high of about 110,000 vehicles were deregistered last year. The number exceeded the expectations of both the government and the motoring industry.
B>SINGAPORE: /B>Singapore Aircraft Leasing Enterprise (SALE), a unit of Singapore Airlines (SIA), is leasing three new Airbus I>A320 /I>aircraft to Qantas Airways' low-cost carrier Jetstar.
KUALA Lumpur continues to remain competitive, ranking 107th globally in terms of office accommodation costs per workstation, according to an annual survey compiled by international property advisers DTZ Debenham Tie Leung.
KPJ Healthcare Bhd, the biggest private hospital operator in the country, plans to spread its wings overseas and has initiated talks with parties from countries such as the Middle East, China, Indonesia, Brunei and Singapore.
MALAYSIA Airlines (MAS) says it would be interested in adding more of the large-capacity I>Airbus A380/I>s to service its busiest routes to Europe, Asia and Australia once the technical capabilities and economics of the six aircraft slated for delivery in 2007#8211;2008 are proven.
AIRASIA is committed to buy up to five Boeing 737-300 by the end of next year to complete its fleet of 21 jetliners - including 16 on lease - by the middle of next year.
PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.
AIRASIA Sdn Bhd plans to sell about a third of its shares to the public next year, raising as much as US$300mil to buy new aircraft, said a company official.
Singapore's state-owned PSA Corp Ltd, which runs the world's second busiest container port after Hong Kong, is keen to take a stake in Shanghai's new multi-billion dollar Yangshan Port.
Investors who find the current fixed deposit rates too paltry, may be glad to know that buying a CintaAyu resort apartment in the award-winning Pulai Springs Resort in Johor Baru can guarantee them a 60% rental return over six years.