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Business

Tropicana Corp plans RM6.4bil property project in Pulai (Update)

KUALA LUMPUR: Tropicana Corporation Bhd plans to undertake a mixed development property project in Pulai near Johor Bahru with a gross development value (GDV) of RM6.4bil.

Nation

Build affordable homes or lose land, Johor developers warned

JOHOR BARU: The Johor state government will seize land belonging to property developers in a hardline policy to ensure more affordable homes are built for the people.

Business

E&O to firm up Elmina West details by March

KUALA LUMPUR: The gross development value, purchase price and other details for Eastern & Oriental Bhd's proposed Elmina West project will only be firmed up once a sales and purchase agreement is signed, said deputy managing director Eric Chan.

Business

Scientex Q4 earnings rose 29.4% to RM30.3mil

Packaging manufacturer and property developer Scientex Bhd’s fourth quarter earnings for the financial year ended July 31, 2013 rose 29.4% to RM30.267mil, from RM23.389mil in the corresponding period last year.

Nation

Khaled: Johor state govt to freeze development projects, name and shame errant developers

JOHOR BARU: The Johor state government will punish errant property developers who fail to build affordable homes by freezing entire development projects and publicly naming the developers to shame them.

Community

Plenty of jobs in Johor

JOHOR BARU: Locals seeking employment in Singapore especially with the high currency exchange rate have been told to reconsider as there are plenty of job opportunities within the state.

Community

Zero squatters in five years

JOHOR BARU: The Johor state government aims to achieve the target of zero squatters within the next five years by getting rid of all squatter settlements.

Community

Call to review processing fees for property purchase by foreigners

JOHOR BARU: A local MCA leader has called for a review in the high processing fees of property ownership for foreigners who purchase properties in Johor that was recently proposed by the state Housing and Local Government exco.

Nation

Riding the waves of success

Fisherman Muhamad Saipul Jamil no longer has to worry about bringing his four year old son with him out into the rough seas.

Business

FGV may raise Felda Holdings stake

KUALA LUMPUR: Felda Global Ventures Holdings Bhd is in talks to optimise and possibly raise its 49% stake in Felda Holdings Bhd, the world’s No. 1 crude palm oil producer by volume, according to president and CEO Mohd Emir Mavani Abdullah.