News & Articles

Patriotism on display Revellers usher in National Day in style at Auto-City
BUKIT MERTAJAM: Thousands of people converged at the Auto-City in Juru here to usher in National Day.Merrymakers, shoppers and diners gathered at the venue as early as 7.30pm yesterday to be part of the celebration which was among the highlights of the three-day 2011 GLANZ Merdeka Living Green, Beauty and ... Read More

Ready for flood response
PROPERTY developers with projects in Batu Maung, Penang, have expressed their commitment to help out during flood-related emergencies.Batu Maung assemblyman Abdul Malik Abul Kassim said they would work closely with all eight Com-munity Development and Security Committees (JKKKs) in the constituency.?In view of the rainy spell, each JKKK will set ... Read More

Good news for 320 families
MORE than 320 families living on Kampung Cross Street in Bukit Mer-tajam are happy after the developer agreed to increase their compensation. The residents expressed their happiness when Chief Minister Lim Guan Eng conveyed the good news during a meeting at the Seberang Prai Municipal Council headquarters in Bandar Perda ... Read More

Banking sector's loan growth to taper off: ECM
The banking sector's loan growth is expected to taper off in the coming months following clear signs of a slowdown in momentum due to rising global uncertainties, says ECM Libra Investment Research.In an update on banking sector, ECM Libra said the growth momentum of all three lending indicators slowed considerably ... Read More

Sime buying 30pc of E&O for RM766m
Sime Darby Bhd, a Malaysian palm oil company, is acquiring a 30 per cent “strategic” stake in Eastern and Oriental Bhd, at RM2.30 per share or RM766 million, according to a statement to the stock exchange.Business Times had earlier reported that sources said Sime had agreed to buy the 30 ... Read More

MP: Relocate golf course to make way for housing
GEORGE TOWN: An independent MP has proposed that a golf course which sits on a state-owned land in Bukit Jambul here should be relocated so that the land can be used for a housing project.Bayan Baru MP Datuk Seri Zahrain Mohd Hashim said such a move would benefit some 5,000 ... Read More

BM Residence – Terrace & Semi-D
This is part of BM Residence project by Tambun Indah in Bukit Mertajam. 2-storey Semi-detached Land area : 34' X 84' (standard lot) Built up area : 24' X 45' 11' backyard 4 + 1 bedrooms 3-storey Terrace Land area : 20' X 70' Built up area : 20' X ... Read More

Integrate traffic impact studies, says councillor
PROPERTY developers should channel funds into a common pool for the Penang Municipal Council (MPPP) to appoint independent consultants for traffic impact studies.MPPP councillor Dr Lim Mah Hui said that the studies up to now have been quite ineffective because consultants were appointed by individual developers.“We should consider a new ... Read More

Flat residents fume over smoky issue
RESIDENTS of Desa Green flats in Penang are frustrated with a fellow resident who has installed a flue outside his unit, causing smoke to travel to the other units.Desa Green management committee chairman Krishnamoorthy Muthuveloo, who spoke on behalf of the residents, said they tried to get the owner to ... Read More

Sime Darby agrees to acquire 30pc of E&O
Kuala Lumpur: Conglomerate Sime Darby Bhd has agreed to buy 30 per cent of Eastern & Oriental Bhd (E&O), a developer with large projects on Penang island, sources said. Sime will buy the shares from two parties, believed to be GK Goh Holdings Ltd and Puan Sri Nik Anida Nik ... Read More
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