KUALA LUMPUR: Sunway Holdings Bhd's unit has been awarded a tender of land parcel in Singapore for a 99-year lease term at S$187.59 million (RM450.19 million) from Singapore's Housing and Development Board, it announced to Bursa Malaysia on Friday, Nov 26.

SHAH ALAM: Glenmarie Properties Sdn Bhd expects a total gross development value (GDV) of RM380 million for its newly launched project, Glenmarie Gardens, in Shah Alam, said chief executive officer Mohd Radzman Othman.

KUALA LUMPUR: SPK-Sentosa Corporation Bhd's net loss widened to RM4.35 million for its third quarter ended Sept 30, 2010, from RM1.14 million a year ago despite higher revenue.

In a filing to Bursa Malaysia on Friday, Nov 26, the group posted 34.4% higher revenue of RM92.99 million from RM69.15 million.

KUALA LUMPUR: Sime Darby Bhd has posted a net profit of RM654.74 million for its first quarter ended 30 Sept, 2010, slipping from RM684.64 million a year ago on lower contributions from its plantation, energy and utilities as well as its healthcare and others segments.

ABU DHABI: The designs by Foster+Partners for the Zayed National Museum — the first museum on Saadiyat Island, Abu Dhabi — was officially unveiled jointly by Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the United Arab Emirates (UAE) and Ruler of Dubai, and Queen Elizabeth II of the UK, the firm stated in a press release on Friday, Nov 26.

KUALA LUMPUR: Ireka Corporation Bhd's (Ireka Corp) unit Ireka Engineering & Construction Sdn Bhd has been appointed as a contractor for an office and hotel development at KL Sentral, it announced to Bursa Malaysia on Friday, Nov 26.

KUALA LUMPUR: Analysts are positive on the Sunway Holdings Bhd and Sunway City Bhd (SunCity)'s proposed merger, saying it is synergistic and they advise shareholders to accept the merger offer.

KUALA LUMPUR:  The government is expected to award the jobs for the long-awaited light rail transit (LRT) extension project soon, and successful bidders have been short-listed, sources said.

KUALA LUMPUR: Touted by its developer Exsim Development Sdn Bhd as the soon-to-be most exclusive residential address in Bukit Jalil, Kuala Lumpur, The Treez  has got off to a great start with sales of over 90% in less than three months.It was an unexpected response considering this is Exsim’s first residential project, said Michael Yam, sales and marketing director of Jalil Max Development Sdn