KUALA LUMPUR: Gadang Holdings Bhd is stepping up its construction ventures, having put in over RM2 billion in tenders for mostly government projects.

Gadang managing director and CEO Tan Sri Kok Onn said the company hoped to secure at least 20% in value of the projects it had tendered for.

Malaysia and Singapore roadshow
After releasing our construction sector piece on July 19, we went on a roadshow in Malaysia and Singapore where we met 55 fund managers (FMs) and buy-side analysts from 28 investment management firms in Malaysia and 13 FMs and analysts from nine firms across the causeway.

GEORGE TOWN: After more than a year of negotiations, a breakthrough appears to have been achieved in the deadlock of talks between the Penang state government and Boustead Holdings Bhd over a dispute involving the Royale Bintang Hotel project.

KUALA LUMPUR: Berjaya Land Bhd (BLand) has released details of a proposed acquisition in 2004 regarding the acquisition of 244.79 acres of leasehold land in Sg Besi and 750 acres freehold land in Sg Tinggi for RM640 million and RM605 million respectively.

PETALING JAYA: Qi Group, a Hong Kong-based global e-commerce company headed by entrepreneur Datuk Vijay Eswaran, is eyeing
strategically-located properties in Malaysia in the leisure, hospitality and health-related industries including setting up affordable specialist hospitals in what is seen as a homecoming for the self-made multi-millionaire.   

KUALA LUMPUR: Within two days of its soft launch on Aug 7, Phase 2 of Greenhill Residences saw six of its 20 premier twin villas snapped up, said developer Greenhill Development Sdn Bhd director Tan Hong Lai.

This represents a 30% take-up rate, he told theedgeproperty.com on Thursday, August 12.

KUALA LUMPUR: Gadang Holdings Bhd plans to launch RM110 million worth of property projects over the next year in Kuala Lumpur and Johor.

A company official said on Thursday, Aug 12 Gadang was also looking to expand its plantations in Sabah via joint ventures with the landowners.  Currently, it has plantations in Ranau, Sabah.

KUALA LUMPUR: Sime Darby Sunrise Development Sdn Bhd (SDSD) has shortlisted architectural companies to send in their designs for its RM1 billion mixed development project in Bukit Jelutong, Shah Alam.

HONG KONG: The big are getting bigger.

Just seven years ago, Sun Hung Kai Properties (SHKP) and Cheung Kong (Holdings) accounted for just over a third of the new private homes put up for sale.

HONG KONG: Major property markets in Asia are likely to face a slower second half because of policy risks and an expected increase in housing and office supply, after some developers had a positive first six months.