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Fitters Diversified clinches RM32.9m fit out works deal for Kidzania

KUALA LUMPUR: Fitters Diversified Bhd has clinched a RM32.98 million deal for fit out works for Kidzania Kuala Lumpur at The Curve NX Building in Mutiara Damansara, Petaling Jaya.

Fitters, via its unit Z'odd Design Sdn Bhd, was awarded the contract by Rakan Riang Sdn Bhd, the group announced to Bursa Malaysia on Monday, Mar 14.

Abu Dhabi property market to recover

ABU DHABI: Economic expansion and upcoming real estate regulations look set to help Abu Dhabi's property market, Oxford Business Group said in its latest economic update.

Abu Dhabi's property market has faced the situation where lower investor demand and an increase in residential and office supply have combined to encourage a drop in rental rates.

SWM plans solar photovoltaic technology for landfills

SEREMBAN: SWM Environment Sdn Bhd (SWM), the solid waste management and public cleansing concessionaire for the Southern Region (Johor, Melaka and Negeri Sembilan), is exploring projects utilising green technology for implementation in the waste management industry.

Cypark's RE project to reach full capacity by 2013

KUALA LUMPUR: Cypark Resources Bhd's RM94.29 million pilot Renewable Energy (RE) Park project in Pajam, Nilai may be running at full capacity of 10MW by 2013 although implementation is dependent on other factors, said group CEO Daud Ahmad.

OSK Property Holdings director resigns

KUALA LUMPUR: Tan Boon Chuan, an executive director of OSK Property Holdings Bhd, has resigned from his post effective immediately, the group announced to Bursa Malaysia on Friday, Mar 11.

Tan, 50, had joined group subsidiary OSK Properties Sdn Bhd in 2004 as chief operating officer.

He was previously a business development director in Citraprop Sdn Bhd for two years.

CBRE: Hospitality industry recovering in 4Q

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported that the hospitality industry, especially 5-star hotels, have recovered in 2010 with full-year occupancy for 5-star hotels reaching 68%, up from 2009s 58%, it said in its 4Q Marketview Kuala Lumpur Hospitality report on Friday, Mar 11.

CBRE: Retail market looking positive for 2011

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported that 2010 will see increase retail activity in its 4Q Marketview Kuala Lumpur Retail report released on Friday, Mar 11.

CBRE: Growth in KL residential properties for 2011

KUALA LUMPUR: CB Richard Ellis (Malaysia) (CBRE) reported growth in the residential property market for 2011 although it will not replicate 2010 levels in its 4Q Marketview Kuala Lumpur Residential report on Friday, Mar 11.