News about development

I’m a competitive person.

The interview with C S Kong, the media-shy managing director of UOA Development Bhd, takes place in a corporate club at the company’s 60-acre flagship integrated development Bangsar South.

KUALA LUMPUR (Dec 1): OSK Holdings Bhd saw its net profit jump almost sevenfold to RM381 million in the third quarter ended Sept 30, 2015 (3QFY15), from RM55.

KUALA LUMPUR (Nov 30): Sunway Bhd takes the top spot and the Best in Qualitative Attributes sub award for the second year running in The Edge Malaysia Top Property Developers’ Awards (TPDA) 2015.

PETALING JAYA (Nov 24): UOA Development Bhd’s revenue in 3Q2015 ended September 30, 2015, increased 41% to RM 492.

KUALA LUMPUR (Nov 18): PJ Development Holdings Bhd (PJD) is committed to paying out dividends to its existing shareholders in the future, especially during the time the economic landscape turns patchy, said chairman Tan Sri Ong Leong Huat.

STEEL tycoon Tan Sri William Cheng Heng Jem (pictured, below) has been selling land of late.

KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd plans to undertake a private placement of up to 20% of its issued and paid-up share capital to its major shareholder Gapurna Sdn Bhd and independent third-party investors to be identified later, which could raise up to RM612.

KUALA LUMPUR (Nov 13): Encorp Bhd has entered into a joint venture (JV) with an Australian developer to jointly undertake a proposed mixed development in Australia that has an estimated gross development value of A$75.

THE prime tract that Titijaya Land Bhd and its joint-venture partner Amona Development Sdn Bhd are eyeing is located near Berjaya Times Square in Imbi — within a 2km radius of the upcoming Tun Razak Exchange (TRX) — sources say.