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.

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.

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.

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.

KUALA LUMPUR: Ipoh-based developer Signature Landmark Property Sdn Bhd will officially launch its mixed development project, Aranda Nova in Cameron Highlands, on Sept 16.

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.

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.

New property cooling measures introduced

KUALA LUMPUR: London city office and retail properties present the most attractive investment opportunities in the European real estate market, according to a report released by international real estate consultancy DTZ.

HONG KONG: A luxury residential site in Kowloon topped records at a land auction on Tuesday, Aug 31, underpinning the buoyancy of the runaway property market.

Property sales, which had fallen in response to recent government cooling measures, are now expected to rebound after Kerry Properties won the most expensive site in Kowloon in terms of floor area price.