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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.
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.
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.
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.
CITIGROUP Islamic banking vehicle, Citi Islamic Investment Bank E.C. (CIIB), aims to strengthen its position in the global Islamic banking business through its diversified range of alternative Islamic products and services for the international market.
REAPFIELD Properties Sdn Bhd is confident its affiliation with NAI corporate real estate services worldwide will turn the company into a premier corporate and commercial real estate services specialist, said its president David Ong.