KUALA LUMPUR: HwangDBS Investment Management Bhd (HwangDBS IM) has declared a gross interim income distribution of 0.75 sen for its HwangDBS Global Property Fund (GPF) for the financial period ending May 31, 2010.

SINGAPORE: The global real estate industry is focusing its attention on new investment opportunities in Asia as countries in the region show signs of economic recovery.

PENANG: The Tourism Ministry is ready to demolish the two arches built near the entrance of the Penang Botanical Gardens if the technical report shows that they are unsafe. Minister Datuk Seri Dr Ng Yen Yen said that according to the non-governmental organisation (NGO) report, there was a tilt on one of the two arches.

PETALING JAYA: The Royal Malaysian Air Force (RMAF) was ready to shift its Sungai Besi airbase in Kuala Lumpur to enable the base to be developed as a commercial hub.

However, the government has not made such a request yet, RMAF chief Datuk Seri Rodzali Daud said on Monday May 17.

TAWAU (Sabah): A total of 52,240 units have already been built under the People's Housing Scheme (PPR) project to enable the low income group, single mothers and the poor to rent such houses said Housing and Local Government deputy minister Datuk Seri Lajim Ukin.

KUALA LUMPUR: The Housing and Local Government Ministry is reviewing the Uniform Building By-laws to make Malaysian buildings more environment-friendly. The review of the By-laws will incorporate green building technologies and features.

Inline excluding translation gain

Highlights:

3QFY10: slightly below expectations

IOI Corporation
Boost from forex gain