DNZ property seeks RM325 million to reduce debt
DNZ Property Seeks NZ$130 Million to Reduce Debt (Update1)
©2009 Bloomberg News
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RBA: Australian business credit expected to pick up
Australian business credit expected to pick up-RBA
HK to auction first major land sites in 2 years
HK to auction first major land sites in 2 years
Water pipe leakage the main cause of Bukit Antarabangsa tragedy
KUALA LUMPUR: The Taman Bukit Mewah, Bukit Antarabangsa landslide that claimed five lives in December 2008 was caused by a combination of factors, which led to a higher level of underground water retention, precipitating in the tragedy, according to a technical report by the Public Works Department.
Fifty residents told to move after landslide
KUALA LUMPUR: Fifty people from 11 families from Rumah Pangsa Taman Cheras Awana near here were told to move immediately after a landslide at a hill slope in the area on the afternoon of Nov 18.
Selangor MB defends acquisition of Talam debts
SHAH ALAM: Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim has defended the move to buy out debts owed by Talam Corp Bhd to several state agencies, saying it was a state matter.
Khalid, who described the decision made on Talam as a "financial and technical issue", said it was discussed and deliberated thoroughly at all levels, including within Parti Keadilan Rakyat (PKR).
Berjaya Times Square to dispose of eight units of properties
KUALA LUMPUR: Berjaya Times Square Sdn Bhd (BTSSB) has entered into eight Sale and Purchase agreements with Dian Kristal Sdn Bhd (DKSB) for the proposed disposal of eight units of properties located on the ground floor, the 14th floor and 16th floor in the Berjaya Times Square mall and complex for a total cash consideration of RM23.77 million.
AZRB receives letter of award from Public Works Department
KUALA LUMPUR: Ahmad Zaki Sdn Bhd, a wholly owned subsidiary of Ahmad Zaki Resources Bhd (AZRB) has been awarded with a letter of award from the Public Works Department to design and build Kompleks Kerja Raya 2 at Jalan Sultan Salahuddin, Kuala Lumpur.
Hua Yang’s net profit for 2Q up by 18%
KUALA LUMPUR: Hua Yang Bhd’s net profit rose 18% to RM2.737 million for its second quarter ended Sept 30, 2009 (2QFY2009) from RM2.329 million in the same period last year.
However, its revenue for 2QFY2009 was lower by 14.74% at RM23.893 million from the RM28.024 million recorded in the same period last year.
US$342 million Nanhai Business City to scale up Mapletree’s Pearl River Delta business
FOSHAN (China): Mapletree Investments Pte Ltd says its US$342 million (RM1.15 billion) Nanhai Business City (picture) development in Guangdong Province, China, is an opportunity for the company to scale up its business in the Pearl River Delta in addition to complementing Foshan’s growth.
