KUALA LUMPUR: I-Bhd, in its bid to triple sales over the next three to four years, yesterday unveiled plans for its Central Tower mixed development, comprising residential serviced suites, a hotel tower and an office tower with a total gross floor area of 1.6 million sq ft.

CAMERON HIGHLANDS: LBS Bina Group Bhd expects its property development projects here to contribute 30% to its revenue by 2017, up from the current 5% to 10%.

The group’s current and future developments in the Pahang hilltop tourism spot over the next 10 years have a gross development value (GDV) of RM5 billion, said managing director Datuk Seri Lim Hock San.

KUALA LUMPUR: Bina Puri Holdings Bhd has raised its unbuilt order book to RM1.93 billion after it secured a RM247.84 million contract to build a fishery complex in Kuching, Sarawak.

KUALA LUMPUR: Medini Iskandar Malaysia Sdn Bhd (MIMSB), the master developer of Medini Iskandar Malaysia in Johor, has signed its first tenancy agreement with information and communications technology solutions provider Huawei for Medini 6, its first purpose-built office in Medini Iskandar.

KUALA LUMPUR: Zelan Bhd will finally get to complete the 950.03 million dirham (RM839.07 million) Meena Plaza, a mixed-use development project in Abu Dhabi in the United Arab Emirates, after settling a dispute with the project owner Meena Holdings LLC that started two years ago.

KUALA LUMPUR: American dining chain Johnny Rockets plans to open 20 outlets in Malaysia over the next 10 years, including seven this year.

KUALA LUMPUR: Furniweb Industrial Products Bhd will be diversifying into the property development sector with its first project being two 38-storey condominium blocks with a gross development value (GDV) of RM560 million.

The project’s gross development cost is RM380 million, with the first phase of construction due to commence in the third quarter of this year.

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has purchased three parcels of freehold land in Bukit

Rahman Putra, Sungai Buloh from Bisraya Acres Sdn Bhd, a wholly-owned subsidiary of Gapurna Sdn Bhd, for RM83 million.

KUALA LUMPUR: The first two Construction Courts in Malaysia, one each in Kuala Lumpur and Shah Alam, were launched yesterday by the Chief Justice of Malaysia Tun Arifin Zakaria.

KUALA LUMPUR: Goodway Integrated Industries Bhd, the country’s largest manufacturer of rubber compounds and tyre retreader, has proposed to diversify its existing core business to include property development and construction.