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IIB 'adopts' first school in Johor

11 April 2012, By News Straits Times

SK Sungai Danga comes under Iskandar Investment Bhd’s ‘care’ in a bid to boost its students’ academic performance ISKANDAR Investment Bhd has chosen SK Sungai Danga here as the first school under its school adoption programme.

Education@Iskandar Sdn Bhd chief executive officer Khairil Anwar Ahmad said the school's adoption programme was IIB's initiative to enhance the academic performance of the rural schools' 206 pupils.

Prior to the adoption, he said IIB had already carried out various programmes in the school. They include providing essentials and materials under its Back To School programme.

"We bought  uniforms, shoes, bags and stationery for the pupils.

UEM signs RM93mil conditional agreement with Khazanah for the Pulai land

11 April 2012, By The Star

UEM Land Holdings Bhd has entered a deal to acquire a 122.28-acre freehold land in Pulai, Johor Baru, from Khazanah Nasional Bhd's group for a cash consideration of RM93.2mil.

In a statement to Bursa Malaysia, UEM Land said the conditional sale and purchase agreement signed yesterday involved its wholly owned subsidiary Nusajaya Premier Sdn Bhd and Khazanah's wholly owned subsidiary Tanjung Bidara Ventures Sdn Bhd.

The proposed acquisition for the land, which is located adjacent to Kota Iskandar and UEM Land's existing integrated waterfront and marina development, Puteri Harbour, in Nusajaya, is expected to complete within seven months.

Govt may double minimum price of houses foreigners can buy

11 April 2012, By The Star

The Government is considering raising the minimum floor prices of houses foreigners are allowed to buy to RM1mil from the current RM500,000 in an effort to control the rise in property prices, sources said.
They said such a decision was “in the pipeline” and the implementation would be made by the economic planning unit (EPU) under the Prime Minister's Department currently headed by Minister Tan Sri Nor Mohamed Yakcop

Property developer opens gallery in Lion City to attract locals and expatriates

05 April 2012, By The Star

UEM Land Holdings Bhd has opened a property gallery in Singapore targeting Singaporeans and expatriates as its potential property buyers and investors.
The gallery is located at a row of three-storey pre-war Chinese shophouses along Tan Quee Lan Street, Heritage Place which have been conserved and converted into offices and food and beverage outlets.

The shophouses were previously the living quarters for many early Chinese immigrants who came from mainland China to Singapore seeking for a better life in the former British Colony.

The area is now one of Singapore’s renowned business districts and tourist attractions where heritage and historical buildings stand side by side with modern skyscrapers.

UEM Land targets more foreign joint venture deals

27 March 2012, By Business Times

he merger of UEM Land and Sunrise Bhd in early 2011 had provided a much-needed boost to the company, which now has property developments in Canada and management projects in Singapore.

UEM Land Holdings Bhd hopes to seal joint venture (JV) deals with major property developers in India, Vietnam and Myanmar by year-end, as part of its aspiration to become a global property player by 2015.

Managing director (MD) and chief executive officer (CEO) Datuk Wan Abdullah Wan Ibrahim said the company is now in discussions with the developers."It will be good if we can ink a deal with each party by year-end. Our aim is to have a strong regional presence," he said yesterday.

Govt spending RM880mil on flood mitigation projects

27 March 2012, By The Star

Department says 32 flood mitigation projects under way. The Government, via the Irrigation and Drainage Department , will be spending RM880mil on flood mitigation projects throughout the country.

Natural Resources and Environment Deputy Minister Tan Sri Joseph Kurup said that a total 32 projects were under way and were expected to be completed by the end of the year.

He said flood hazard maps for six major river basins Muar, Kulai, Kinta, Selangor, Muda and Kedah had been completed.

Orang Asli usah terpedaya hasutan

26 March 2012, By Utusan Malaysia

Masyarakat Orang Asli diingatkan tidak terpedaya dengan hasutan pihak tertentu yang kononnya mampu menyelesaikan masalah kehidupan mereka.

Yang Dipertua Badan Amal Isteri Wakil-wakil Rakyat Johor (Juita), Prof. Datin Dr. Jamilah Ariffin berkata, masyarakat Orang Asli perlu menggunakan saluran betul khasnya agensi dan jabatan negeri jika timbul masalah atau isu berkaitan penempatan mereka.

Sehubungan itu, katanya, komuniti tersebut yang terdiri daripada etnik Seletar yang ada di beberapa perkampungan di wilayah Iskandar Malaysia (IM) wajar mengemukakan terus segala masalah dan rungutan kepada agensi atau jabatan kerajaan untuk diambil tindakan segera.

Johor’s new global school

26 March 2012, By Bernama

AN international school valued at RM60 million will be built in Seri Alam, Johor, which is expected to be completed by September next year.
Pasir Gudang Member of Parliament Datuk Seri Mohamed Khaled Nordin said the Excelsior International School will be constructed on eight hectares of land and will provide an option to parents who send their children to schools in Singapore.

“There are parents who send their children for schooling in Singapore and this will offer them a choice.

“This way, they no longer need to get up early to send their children all the way there,” he told reporters after the school’s ground-breaking ceremony at Jalan Purnama, Bandar Seri Alam, recently.

Leveraging on an iconic brand - Sunrise and UEM Land

26 March 2012, By The Star

The merger of Sunrise Bhd with UEM Land Holdings Bhd early last year is set to provide a much-needed boost to the enlarged UEM Land group. StarBiz's ANGIE NG recently caught up with UEM Land MD and CEO Datuk Wan Abdullah Wan Ibrahim on the group's plans, going forward.

STARBIZ: Since the takeover of Sunrise by UEM Land, what are the plans for the Sunrise brand with regards to its land bank and plans for new projects?

SP Setia posts record-breaking first quarter

23 March 2012, By Business Times

SP Setia Bhd yesterday announced a record-breaking quarter with sales at RM933 million for its first quarter ended 31 January.