KUALA LUMPUR: Singapore’s CapitaMalls Asia Ltd, the shopping mall development arm of CapitaLand Ltd, is looking at Malaysia as a key growth area for its retail properties business.

Its Malaysia general manager Yong Kei Seng said with its recent listing in Singapore, the company was on the lookout for areas for future investments and developments.

MARANG (Terengganu): Le Tour de Langkawi (LtdL) 2010 Sprint King Anuar Manan will be rewarded with a piece of land and RM10,000 by the Terengganu government for winning two jerseys in the competition.

Menteri Besar Datuk Ahmad Said said the rewards were approved at the state executive council meeting here on Wednesday March 10.

KUALA TERENGGANU: The failure by all parties appointed to build the Sultan Mizan Zainal Abidin Stadium (SSMZA) to adhere to specifications stated in the building contract has been cited as the reason for the collapse of its roof on June 2, last year.

PUTRAJAYA: Over 500 residents of 76 apartment units used as government quarters in Precinct 11 in Putrajaya were evacuated to enable maintenance works to fix cracks and leakages at their premises.

Deputy Minister in the Prime Minister's Department Datuk T. Murugiah said the maintenance works by the Public Works Department involved a cost of RM200,000.

KUALA LUMPUR: The briefing on the redevelopment of the Kampung Kerinchi flats in Kuala Lumpur and the selection of the developer have been postponed from Friday March 12 to March 27, Federal Territories and Urban Well-Being Minister Raja Datuk Nong Chik Raja Zainal Abidin said Wednesday March 10.

KUALA LUMPUR: A tailor on March 10 claimed she suffered losses of RM100,000 after allegedly being cheated by a man who she believed was able to help her in a land acquisition transaction with the Ampang Jaya Municipal Council, three years ago.

Lim Boey, 57, said she was introduced to the suspect, who is in his 40s, by a friend who had sought the man's help for a similar transaction.

KUALA LUMPUR: Gamuda Bhd is buying a 60% stake in Vietnam's Tan Thang Company for US$82.8 million which has rights to undertake a property project in Ho Chi Minh City with an estimated gross development value (GDV) of RM6 billion.

KUALA LUMPUR: BCB Bhd has entered into two sale and purchase agreements (SPA) to acquire two vacant plots of land for a total cash consideration of RM50.95 million, the group announced on March 10 on Bursa Malaysia.

BEIJING: Chinese property investment rose 31.1% in the first two months of this year, accelerating from a 16.1% rise in the whole of 2009, the National Bureau of Statistics (NBS) said on March 10.

Beijing has pledged to redouble efforts to build more affordable housing in 2010, partly to brake fast-rising home prices in some cities.

KUALA LUMPUR: Subur Tiasa Holdings Bhd (STH) unit Subur Tiasa Plywood Sdn Bhd (STP) had entered into three separate sale and purchase agreements (SPA) to acquire three parcels of land for RM3.89 million, STH announced on Bursa Malaysia on March 10.