News about development

KUALA LUMPUR (Oct 14): Nexgram Holdings Bhd shares were actively traded in the early trade today after its 70% indirectly owned subsidiary bagged two housing development contracts.

KUALA LUMPUR (Oct 14): The Federal Territories Ministry plans to build accommodation for low income youths working in the service sectors in Kuala Lumpur, Bernama reported yesterday.

KUALA LUMPUR (Oct 14): The federal territories ministry has urged property developers to build more houses priced at RM250,000 and below.

KUALA LUMPUR (Oct 13): IJM Corp Bhd's property development arm IJM Land Bhd together with its joint-venture partner, Amona Development Sdn Bhd, today initiated the groundbreaking ceremony for the construction of the 2.

KUALA LUMPUR (Oct 10): Parkwood Developments Sdn Bhd, the property arm of steel pipe maker Amalgamated Industrial Steel Bhd (AISB), is offering early bird packages to buyers of its maiden property project called Avant Industrial Park in Shah Alam, Selangor.

KUALA LUMPUR (Oct 6): OSK Holdings Bhd has extended its offer to the remaining shareholders of PJ Development Bhd by two weeks to Oct 25.

OSK Holdings Bhd’s offer to takeover PJ Development Holdings Bhd (PJD) is deemed “not fair but reasonable”, according to independent advisor MIDF Investment Amanah Bank Bhd, and shareholders and warrant holders are recommended to accept the offer.

KUALA LUMPUR (Sept 28): Tan & Tan Developments Bhd executive director Teh Boon Ghee is confident that the  launch of  its high-end serviced apartment project Stonor 3 will be well-received as he expects the current economic slowdown to recover soon.

BUKIT JALIL (Sept 27): High-end condominium SkyLuxe On The Park (SkyLuxe) by SkyWorld Development Group has received good response, recording  80% take-up since its official launch last weekend.

KUALA LUMPUR (Sept 27): Voir Holdings Bhd’s wholly-owned subsidiary Million Twilight Sdn Bhd has accepted a subcontract (subcon) offer to complete 1,000 units of apartments in Kota Baru for RM24.