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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.

UEM Land sees at least one overseas JV this year

27 March 2012, By The Sun Daily

UEM Land Holdings Bhd expects to sign at least one agreement with potential partners to undertake joint venture development in either India, Myanmar or Vietnam this year.
Managing director and CEO Datuk Wan Abdullah Wan Ibrahim said the company was already in talks with parties to make its presence felt in these potential new markets, as it has big ambitions and targets for 2015 and 2016.

"If there is opportunity in other locations, we will look into it as well," he told reporters after the Corporate Spotlight for UEM Land and UEM Group Bhd here yesterday.

Wan Abdullah said: "In order to achieve our high aspirations, we have to identify new projects, and that can be in Malaysia and the region.

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.

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?

Promoting a digital lifestyle to rural folk

26 March 2012, By News Straits Times

A recent communication technology exhibition here was aimed at bridging the digital gap between urban and rural residents.

The Telekom Malaysia Digital Lifestyle exhibition gave residents in this rural area the opportunity to obtain information on the Internet and broadband. Layang-Layang state assemblyman, Onn Mohd Yassin, opened the exhibition which received an encouraging response from local residents.

Onn said that broadband facility in the constituency has been upgraded, and the exhibition would hopefully impart the benefits of broadband usage to the  people.

Johor Telekom Malaysia manager, Ainazura Kassim, said the exhibition was conducted to introduce TM products, including its house telephones and Internet service.

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.

Growth forecast for Malaysia realistic: Economist

23 March 2012, By Business Times

BANK Negara Malaysia's new growth estimate of 4 per cent to 5 per cent this year is realistic in a sluggish external demand environment, a regional economist says.

But domestic demand, which is expected to be main driver of growth, will be affected by the central bank's tightening policy stance on credit, said Dr Chua Hak Bin, who is Bank of America Merrill Lynch head of Emerging Asia Economics.

"Domestic demand growth will be affected by the policy measures for cars and properties and we have already seen the January sales number for cars dip," he said in an interview here yesterday.