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Sunway in JV to develop property in S'pore

KUALA LUMPUR: Sunway Developments Pte Ltd, a unit of Sunway Holdings Bhd, has entered into a joint-venture agreement with Hoi Hup Realty Pte Ltd to set up Hoi Hup Sunway Property Pte Ltd.

The proposed joint venture would undertake a residential property development project on a parcel of freehold land in Singapore.

Zecon to buy RM13.2 million property in Kuching

KUALA LUMPUR: Zecon Bhd has inked a sale and purchase agreement with Effiway Corporation Sdn Bhd to acquire a parcel of 2,340 sq m freehold land together with a nine-storey building in Section 5 KTLD, Jalan Satok, Kuching for RM13.2 million.

Two people killed killed in building collapse at Tanah Abang

JAKARTA: Two people were killed and scores feared buried under the rubble when an extension building to a shopping mall in Tanah Abang collapsed Dec 23.
The Malaysian embassy here was closely monitoring search and rescue work at Tanah Abang, a popular shopping area for Malaysians visiting the Indonesian capital.

China steel assn says gloom over for local mills

BEIJING: China's steel industry association lauded the achievements of the sector after a year spent berating its members for ignoring market signals and "blindly expanding capacity".

I&P launches eight semidee homes in Bandar Kinrara

PETALING JAYA: Island & Peninsular Group Sdn Bhd (I&P Group), the master developer of Bandar Kinrara Puchong, Selangor has launched an exclusive 8-unit semidee project (pictured) dubbed Awana8 at Phase 5A3 of the township.

Abric sells PJ property for RM20.8m

KUALA LUMPUR: Abric Bhd is disposing of a property in Petaling Jaya for RM20.8 million cash, in line with the group’s objective of unlocking the values of assets not currently used in its core business of security seals.