The Oval apartments launching in June

A KUALA LUMPUR: GuocoLand (M) Bhd, formerly Hong Leong Properties Bhd, will launch The Oval high-end apartments in the Kuala Lumpur City Centre (KLCC) enclave by June. Located along Jalan Binjai, The Oval will have an estimated gross development value of over RM800mil and total saleable floor area of 586,356 sq ft. Located on 2.14 acres, the project comprises two 41-storey blocks, East Tower and West Tower, with 70 units in each block. read more

(The Star 23-2-2008)

CapitaLand offers to buy out Ascott

SINGAPORE: CapitaLand Ltd offered at least S$929.5 million (S$1 = RM2.28) to buy out minority owners of Ascott Group Ltd, after shares in Asia's biggest operator of serviced apartments fell 40 per cent over the past eight months.

(9-1-2008 Blooberg)