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New multi-purpose sports complex in Putrajaya to boost sports activities

PUTRAJAYA: Eleven multi-purpose venues to be built in Presint 18 are expected to boost sports activities for youths in the area and encourage more international events to be organised.

Minister of Youth and Sports Datuk Ahmad Shabery Cheek said the venues to be built at a cost of RM3.45 million would be equipped with cafeteria, changing rooms, surau and roofed stage.

OSK Property to launch RM700 million worth of properties in 2010.

KUALA LUMPUR: OSK Holdings Bhd's real estate arm OSK Property Holdings Bhd plans to unveil some RM700 million  worth of properties in Malaysia this year, capitalising on the combined effects of still-accommodative lending  rates and anticipation of higher inflation to spur real estate sales.

RM2.461 bil to assist Class F contractors

KUALA LUMPUR: A RM2.461 billion allocation has been set aside under the Public Infrastructure Maintenance (PIA) programme for Class F bumiputra contractors, the Dewan Rakyat was told on April 14.

Deputy Finance Minister Datuk Chor Chee Heung said the allocation was made for implementation of projects under the PIA programme for five years.

KYM plans foray into KL property market

KUALA LUMPUR: Budding property developer KYM Holdings Bhd is seeking fresh opportunities in the Klang Valley, a crucial and timely move to expand real estate income contribution to 30% of the company’s revenue within two years.

JAKS up, RHB sees sum-of-parts FV at RM2

KUALA LUMPUR: JAKS Resources Bhd's share price advanced in mid-morning on Wednesday, April 14 after RHB Research sees sum-of-parts (SOP) fair value at RM2 due to Vietnam power plant, dam and property joint ventures.

At 11am, it was up 1.5 sen to 84.5 sen with 6.53 million shares done.