In a filing with SGX, CapitaLand said the divestment is part of its ongoing strategy to enhance capital productivity.
The company intends to transform the land into a high-rise residential development.
Titijaya Land to launch two more high-rise residential projects in 3Q...
It is considering a rights issue to reduce its gearing to as low as 1.5 times...
Going forward, Glomac said it plans to open initial phases of terrace houses for launch at its new developments in Saujana Utama 5 in Sungai Buloh, Selangor, and Saujana Jaya in Kulai, Johor.
It's a rubbish job, but someone has to do it. Or some animal: in the alleyways of Algiers' famed Kasbah, donkeys shift tonnes of trash every day.
Is UOL, the property firm controlled by UOB Chairman Wee Cho Yaw, offering to buy out United Industrial Corp (UIC) again after its 2009 failed bid?