KUALA LUMPUR: AEON Co (M) Bhd plans to expand its outlets to 100 by 2020 from the current 27 with more supermarkets and discount stores.

"This year, we will open a new community shopping centre in Rawang, Selangor and plan to open a second shopping centre in Ipoh next year, with both having a total investment of RM300 million," said its outgoing managing director Nagahisa Oyama.

LONDON: British property developer Minerva said it had received a possible cash offer of 120.5 pence (RM5.98) a share from a consortium of investors through a special purpose vehicle, Jupiter Properties 2011 UK Ltd.

HONG KONG: The ex-lover and feng shui master of late Hong Kong billionaire Nina Wang was formally charged by police on Thursday, May 26 with forgery of a will he claimed entitled him to the heiress's huge estate.

KUALA LUMPUR: Fifty-two families in Taman Sri Gombak are worried about soil erosion on a hillslope taking place only about 30 metres away from their housing area.

A resident, Yusri Kamaruddin, 40, said the soil erosion occurred little by little since the end of 2009.

KUALA LUMPUR: Land & General Bhd (L&G) founder Tan Sri Wan Azmi Wan Hamzah has ceased to be a substantial of the property group after he disposed of 3.81 million shares in May and reduced his total shareholding to 4.37%.

KUALA LUMPUR: Lembaga Tabung Haji (LTH) has ceased to be a substantial shareholder of Brem Holdings Bhd after disposing of 1.177 million shares from May 12 to 16.

A filing with Bursa Malaysia showed the pilgrimage fund disposed of 500,000 shares each on May 12 and 13, and 177,000 shares on May 16.

BEIJING: A former landfill site here will be turned into a garden, twice as large as the famed Summer Palace, an Imperial Garden in China's capital, reports Xinhua News Agency on Thursday, May 26.

KUALA LUMPUR: Muhibbah Engineering (M) Bhd has received a letter of commitment for a RM101 million contract in Australia.

GEORGE TOWN: RGB International Bhd (formerly known as Dreamgate Corp Bhd) is close to securing a US$25 million (RM76.8 million) contract to supply 1,000 gaming machines to one of the four casino concessionaires in Bagong Nayong Pilipino-Entertainment City Manila, said group executive director Steven Lim Tow Boon.

HONG KONG: Rising street-front shop rentals in Hong Kong are forcing retailers to look for cheaper upstairs outlets — a trend that has allowed landlords to increase their rental income by converting former office buildings into "Ginza-style" retail complexes.