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PETALING JAYA: The Sarawak state government has offered to acquire all the shares in Sarawak Energy Bhd it does not already own for RM2.65 per share.
PETALING JAYA: Tanah Makmur Bhd has accepted the award for the proposed development of the new state administrative complex of the Pahang state government for a contract value of RM415.52mil.
Penang's property landscape is undergoing rapid transformation with the people's changing lifestyles and evolving market dynamics. The recent declaration of George Town as a UNESCO World Heritage Site has given a new drive and inspiration to the state government and property developers to further uplift Penang's image as a real estate destination. StarBiz deputy news editor ANGIE NG recently met up with key property players at The Star Property and Home Fair 2008 roundtable discussion in Penang to gauge the state's market prospects and challenges ahead.
KUCHING: The Sarawak Attorney General's Chambers has been served with a notice from the Federal Court Registry that the state government was being made a party in a suit by Petroliam Nasional Bhd (Petronas), in the case of Petroliam Nasional Bhd Vs Sarawak State Government.
PETALING JAYA: Despite the state government's efforts to work out a new offer to take over the water concessionaires in Selangor, industry observers are still sceptical that such efforts will resolve the state's water restructuring exercise any time soon.
LANGKAWI: Property developer Tan Sri Ting Pek Khiing will submit a fresh proposal to the Kedah state government on his plan to develop the RM30bil Langkawi New City project.
ISKANDAR PUTERI: The state government is open to all options if it wants to increase its existing equity in the water operator company SAJ Ranhill Sdn Bhd.