Mah Sing Group Bhd won four awards at the Asia Pacific Property Awards 2010, the most by a
Malaysian developer this year

KUALA LUMPUR: YTL Corp Bhd's indirect unit Starhill Global REIT Management Ltd (SGRM) is acquiring 1.5 million shares and two class “C” redeemable preference share in YTL Pacific Star REIT Management Holdings Pte Ltd (YPSRMH) for S$40 million (RM93.2 million).

NEW DELHI: UEM Construction Sdn Bhd has signed a deal with India's leading real estate developer Opus Properties Ltd (India) to embark on major infrastructure and building construction projects.

ABU DHABI: Real estate demand in Abu Dhabi’s metropolitan area is expected to increase across all sectors over the next four years, according to Abu Dhabi Urban Planning Council’s (UPC) Abu Dhabi Real Estate Forecast Study, presented at Cityscape Abu Dhabi 2010.

KUALA LUMPUR: Bolton Bhd announced on April 19 that through its wholly-owned subsidiary Majestic Focus Sdn Bhd, it has completed the acquisition of the remaining 500,000 ordinary shares of RM1 each in Prima Nova Harta Development Sdn Bhd for a total of RM28.04 million.

KUALA LUMPUR: The operator of China’s second-largest budget hotel chain 7 Days Group Holdings Ltd plans to expand its portfolio in the country by at least fourfold within five years due to robust demand, the Shanghai Daily reported, quoting 7 Days chief executive officer Alex Zheng.

HULU SELANGOR: Land, welfare, and life-style change. These are three issues raised by many traditional villages inhabited by Orang Asli in Hulu Selangor.

For example in Kampung Serigala, Sungai Selisik, the majority of 33 families are satisfied by government attention but they still want land matters solved.

KUALA LUMPUR: China’s central policymakers issued a notice on Saturday April 17 allowing banks to suspend credit home buyers intending to acquire their third home or more, the Shanghai Daily reported.

KUALA LUMPUR: Kimlun Corp Bhd, a one-stop engineering and construction services provider, has received the Securities Commission's approval for its listing on the Main Market of Bursa Malaysia, expected in June.

HONG KONG: Swire Pacific said it expects its property arm to report an underlying net profit of at least HK$4.2 billion (RM1.77 billion) this year as it prepares for the unit's US$3 billion (RM9.67 billion) initial public share offering.