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Accessibility cited in plan to convert industrial sites

HONG KONG: The government's plan to convert some of the city's industrial areas into much-needed flats should take into account whether transport and other amenities are available, according to property analysts.

They say the Siu Lek Yuen and Tai Wai industrial districts in Sha Tin are good candidates for conversion into residential areas because of their  accessibility.

Sunway secures contracts worth RM69.88m

KUALA LUMPUR: Construction firm Sunway Holdings Bhd has accepted two letters of award from Putrajaya Holdings Sdn Bhd.

In a filing to Bursa Malaysia on Sept 1, the company said its wholly owned subsidiary Sunway Construction Sdn Bhd accepted the awards totaling RM69.88 million on Aug 30.

Merge Energy names Raja Shah Zurin as new executive chairman

KUALA LUMPUR: Merge Energy Bhd has named Datuk Raja Shah Zurin bin Raja Aman Shah as its new executive chairman with immediate effect, the company said on Wednesday, Sept 1.

Raja Shah was appointed on the board on January 11, and would replace non-executive chairman Datuk Muhammad Azaham Bin Abdul Wahab, who retired from the position at the age of 70.

Bina Puri secures deals in Sabah, Thailand

KUALA LUMPUR: Bina Puri Construction Sdn Bhd, a wholly owned unit of Bina Puri Holdings Bhd (BPH) has accepted the letter of award from Lintasan Mayang Development Sdn Bhd to build 33 units (three blocks) of two- to three-storey shopoffices.

China to curb speculative property investment

KUALA LUMPUR: China’s banking regulators will strictly enforce the central government’s macroeconomic policies in a move to curb soaring housing prices, reported China-based news agency Xinhua.

Singapore seeks to be Asia's Monte Carlo

SINGAPORE: The M Hotel in Singapore's business district once struggled to fill its rooms on weekends as visiting executives tended to leave by Friday. Now it enjoys 90%-plus occupancy even on Saturdays and Sundays.

375 Kensington High Street project launches in KL ahead of UK

KUALA LUMPUR: The launch of London luxury apartment project 375 Kensington High Street will be done in Kuala Lumpur on Sept 4 and 5 ahead of its UK launch, giving Malaysians the first pick of this luxurious development, revealed Henry Butcher Malaysia, the marketing agent in Malaysia.