More questions are being asked about Sime Darby’s takeover of a 30 per cent stake in E&O, which also includes a three-year collaboration agreement. Continue reading »
Sep 052011
Government-linked Sime Darby has bought a 30 per cent interest in Penang-based property developer E&O at a 60 per cent premium. Continue reading »
Nov 242010
Something is happening at the Subang Ria Recreational Park and it doesn’t sound good. Although the state government had agreed that all 73 acres will be maintained as a green lung, it appears that 19 acres could now be allowed for commercial use.
Sunrise over Subang Ria Park - Photo credit: subangdailyphoto.blogspot.com
Why can’t they learn from the 350-acre Hyde Park and the 275-acre Kensington Garden (both combined, larger than the size of Monaco and lying right smack in the middle of London), which are virtually untouchable? But then some of our developers are greedy and think nothing of depriving present and future generations of precious green spaces. All they can think of is $$$ Continue reading »
