News by M

A weekend villa offers the opportunity to commune with nature.

Taman Desa is known for being a quiet, affluent residential enclave close to the Kuala Lumpur city centre.

EcoWorld said Eco Horizon has also inked a revocation and rescission agreement with BKDSB and Silver Setup Sdn Bhd (SSSB), a wholly-owned unit of Malton Bhd, to revoke and rescind the joint development deal made by both companies in Oct 10, 2012.

Originally targeted for July, EWI president and chief executive officer Datuk Teow Leong Seng said the slight delay was due to EWI's need to obtain approval from Securities Commission Malaysia (SC) to enlist a co-anchor for the listing.

Its new chief executive officer Datuk Thomas Liang said the project management services provider will acquire the buildings by the first half of the financial year ending Dec 31, 2017.

Taman Desa is an affluent and established neighbourhood. Most of the landed properties were originally developed in the 1970s. The condominiums began to appear in the 1980s, built by developers such as Faber Group, who recognised the potential of Taman Desa’s strategic location.

MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.

Sime Darby Bhd said last Friday that the results of the UK’s referendum to exit the European Union (EU) will not impact the viability of the Battersea Power Station project.

Banks have greater leniency towards individuals with problems servicing mortgages — analyst.