KUALA LUMPUR: Bolton Bhd announced on April 19 that through its wholly-owned subsidiary Majestic Focus Sdn Bhd, it has completed the acquisition of the remaining 500,000 ordinary shares of RM1 each in Prima Nova Harta Development Sdn Bhd for a total of RM28.04 million.

KUALA LUMPUR: The operator of China’s second-largest budget hotel chain 7 Days Group Holdings Ltd plans to expand its portfolio in the country by at least fourfold within five years due to robust demand, the Shanghai Daily reported, quoting 7 Days chief executive officer Alex Zheng.

HULU SELANGOR: Land, welfare, and life-style change. These are three issues raised by many traditional villages inhabited by Orang Asli in Hulu Selangor.

For example in Kampung Serigala, Sungai Selisik, the majority of 33 families are satisfied by government attention but they still want land matters solved.

KUALA LUMPUR: China’s central policymakers issued a notice on Saturday April 17 allowing banks to suspend credit home buyers intending to acquire their third home or more, the Shanghai Daily reported.

KUALA LUMPUR: Kimlun Corp Bhd, a one-stop engineering and construction services provider, has received the Securities Commission's approval for its listing on the Main Market of Bursa Malaysia, expected in June.

HONG KONG: Swire Pacific said it expects its property arm to report an underlying net profit of at least HK$4.2 billion (RM1.77 billion) this year as it prepares for the unit's US$3 billion (RM9.67 billion) initial public share offering.

BANGKOK: Amata Corp, Thailand's biggest seller of industrial land, said some Japanese clients had delayed signing land deals because of political unrest.

Bloody street clashes on April 10 left 25 people dead. Further trouble is in prospect after "red shirt" protesters threatened to march into a business district and troops were deployed in the area to stop them on Monday (April 19).

• Pre-qualified parties for the first package of civil works under the RM7bil-Klang Valley Light Rail Transit (LRT) extension works are to be announced soon, said The EdgeWeekly in a report last Saturday.

SINGAPORE: Southeast Asia's biggest property developer, CapitaLand said on April 16 it will seek more opportunities in China and Vietnam after its 1Q net profit more than doubled.

KUALA LUMPUR: JAKS Resources Bhd is finally poised for a change in fortunes, with its property and dam projects as well as the US$1.6 billion (RM5.12 billion) independent power plant in Vietnam underpinning a positive outlook.