HONG KONG: More than 85% of Hong Kong's middle-income group believe the sales of luxury flats at 39 Conduit Road were an act of market manipulation despite the developer's attempt to kill the rumour by running advertisements in newspapers last week, a survey has found.

LONDON: Weaker demand and increasing supply cooled British house price growth last month and pushed future price expectations to their lowest in more than a year, a survey showed on Tuesday, July 13.

BEIJING: Chinese banks should "strictly implement" existing curbs on loans to multi-home buyers, the China Banking Regulatory Commission (CBRC) said, in response to media reports that some banks were relaxing credit controls.

KUALA LUMPUR: Sunway City Bhd yesterday entered into a Share Sale Agreement (SSA) with Sunway Pyramid Sdn Bhd (SPSB) for the proposed acquisition of Mega Capacity for RM2.8 million.

KUALA LUMPUR: Melati Ehsan Holdings Bhd subsidiary Bayu Melati Sdn Bhd has entered into an agreement with a private company, Tengku Shahrudin Sdn Bhd (TSSB), to undertake a residential development project on a 34.2-acre land in Seksyen U10, Shah Alam, belonging to the latter.

KUALA LUMPUR: Melati Ehsan Holdings Bhd on Monday, July 12, announced plans to develop 34.3 acres of land in Bukit Tengku, Shah Alam, through a development agreement signed on the same day between its wholly owned subsidiary, Bayu Melati Sdn Bhd, and the landowner Tengku Shahrudin Sdn Bhd.

PETALING JAYA: Bolton Bhd on Monday, July 12, unveiled its latest phase of residential homes on its 345-acre mixed development area of Taman Tasik Prima, Puchong in Selangor.

This phase comprises 324 units of 3-storey Cascadia townhouses, which offers a lake view, and is built on 10 acres of landscaped leasehold land.

KUALA LUMPUR: LBS Bina Group Bhd share price unchanged at 48 sen at midday Monday, July 12, ahead of proposed multi-million ringgit Sukuk programme to finance its housing development projects.

At 12.06pm, unchanged at 48 sen, off early high of 49.5 sen with 88,200 shares done.

KUALA LUMPUR: Penang-based Ivory Properties Group Bhd, which seeking a listing on the Main Market, plans to raise up to RM44.90 million from its proposed listing exercise.

It is offering 44.89 million new shares of 50 sen each at RM1 each, of which 9.3 million new shares would be offered to the public.

KUALA LUMPUR: Mah Sing Group Bhd has a three-pronged strategy for continued growth and aims to have a market capitalisation of RM5 billion within five years.