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MRCB ( AmResearch) hold; fair value RM2.40

New landbank in Setapak

• It was announced on Bursa Malaysia yesterday that Malaysian Resources Corporation (MRCB) has proposed to acquire three parcels of leasehold land measuring a combined 27.4 acres (1.19 million sf) in Setapak, Kuala Lumpur, for RM110mil (RM92psf).

TA Global unit completes acquisition of hotel

KUALA LUMPUR: TA Global Bhd's wholly-owned unit, Swiss Liberty Sdn Bhd, has completed the acquisition of the hotel and business of Swissotel Kunshan in Kunshan, China from Kingdom Hotel Investments.

Perlis eyes city-status by 2030

KANGAR : Perlis aims to become a city-state by 2030 in line with its development aspirations encompassing positive elements of urban living for its people.

Menteri Besar Datuk Seri Dr Md Isa Sabu launched a publicity campaign aimed at encouraging the public to give their feedback on the state's draft structure plan towards ensuring the success of its strategic development goals.

Madge Mansions at your service

KUALA LUMPUR: Gamuda Land Sdn Bhd has unveiled its low-rise luxury condominium project Madge Mansions on Jalan U-Thant in Ampang that features a unique personalised butler service known as “At Your Service”. “We like to take innovative approaches to our projects.

DiGi’s technology operation centre gets GBI gold

PETALING JAYA: DiGi Telecommunications Sdn Bhd’s new technology operation centre (TOC) has received a Provisional Gold Certification from The Green Building Index (GBI), making it the first data centre in Malaysia to be awarded the standard.

Global rich vote on world’s future cities

KUALA LUMPUR: Mumbai, Shanghai and Sao Paolo are seen by high net worth individuals (HNWI) as the world’s future leading hubs, according to The Wealth Report 2011 launched by Knight Frank and Citi Private Bank. It noted that these emerging centres are fast catching up current leaders like New York and London.

Harnessing regenerative energy to power savings

It is with both interest and concern that I read of the billions of ringgit poured into tapping our marginal oilfields, just offshore Malaysia. Springing to my mind are two things: one, that our energy needs are steadily rising each year, rushing as we are, at breakneck speed to developed nation status.

Iranians top MM2H list for third consecutive year

KUALA LUMPUR: Iranians formed the largest group of participants under the Malaysia My Second Home (MM2H) programme last year. In fact, Iran has been the leading participant of the MM2H since 2008.According to statistics, there were 1,499 MM2H participants last year, of whom 227 were from Iran.

Iranians top MM2H list for third consecutive year

KUALA LUMPUR: Iranians formed the largest group of participants under the Malaysia My Second Home (MM2H) programme last year. In fact, Iran has been the leading participant of the MM2H since 2008.