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Sandakan To Be Revitalised When Heritage Trails Are Completed

Extract from The Star (25/12/10)

SANDAKAN: A well known tourist attraction here has been given a new lease of life.

The Sandakan Heritage Trails (SHT) took visitors to some of the oldest landmarks around the town dating back to nearly a century including a mosque, a few temples and a church.

The unveiling of a new giant SHT billboard at the open space next to CIMB Bank in the heart of town by Sandakan Municipal Council president Datuk James Wong marked the beginning of upgrading works on trail to be implemented in stages.

Besides the new signage, several smaller ones would be placed at selected heritage sites to guide visitors using this trail, SHT Committee 2010 chairman Lai King Hang disclosed this after the launch of the new billboard.
A place in history: Wong (fourth right) with Lai and other members of the Sandakan Heritage Trail Committee.


Leed-ing The Way Ro Green Lifestyle

Extract from The Star (25/12/10)

SUNGAI Petani-based developer EUPE Corporation Berhad has scored the country’s first for being awarded the LEED (Leadership in Energy and Environmental Design) Silver Certification for its 18-storey condominium building in Cinta Sayang Resort in Kedah.

EUPE managing director Beh Huck Lee said the Sky Residences emphasized a holistic living experience including a green design and cost savings.

He said it was a milestone for the country to receive the award, which was also the eighth in Southeast Asia.

“The project, comprising 88 units including four penthouses, is the first in Malaysia to be designed and constructed according to LEED requirements.
Eco effort: (from right) EUPE corporate affairs and marketing manager Michelle Gan and Beh receiving the LEED certification from Tay. Also present is Vong.


Desa Ilmu Final Phase Houses Open For Sale

Extract from The Star (25/12/10)

NAIM Holdings Bhd, one of the leading property developers in Sarawak, has launched sales for its final phase of property development at Desa Ilmu.

Located at the Samarahan township, about 20 minutes from the city center, Naim is building about 25 double-storey houses, and over 100 single-storey houses there, with prices starting at RM179,888.

Naim has set a completion target of 24 months from now.

According to marketing manager Gary Kho, Naim had began to build its first houses in the area a decade ago.


Latest Land Buy A Boon To Lahat Datu Palm Cluster

Extract from The Star (25/12/10)

KOTA KINABALU: Supporting infrastructure for the palm oil industrial cluster in Lahad Datu (POIC Lahad Datu) took another step forward with the purchase of more land for industry and warehousing by a developer here.

Kota Kinabalu-based Bristeel Properties Sdn Bhd confirmed on Thursday the purchase of 8.15 acres of land at POIC Lahad Datu for the construction of 17 small and medium enterprises (SMEs) light industrial warehouses at a project called PortCity@POIC.

The sale and purchase agreement signed with POIC Sabah Sdn Bhd came less than three months after a successful introduction of 36 units of three and four-storey shops/offices in Phase 1A of the project.

The agreement covers land for Phase 1C. It was signed simultaneously with agreements that give Bristeel the first option to buy two adjoining lots of land totaling 14.75 acres for future development.


Geopark In Sarawak

Extract from The Star (25/12/10)

SARAWAK and Sabah will have a geopark each after the country’s first in Langkawi.

“The proposed sites are the Sarawak River Delta covering the river from Bau to Santubong in Sarawak, and Mount Kinabalu in Sabah,” said Minerals and Geoscience director-general Datuk Yunus Abdul Razak.

It was pivotal for these sites to be gazetted as geoparks for the conservation and sustainability of the environment and communities living in these areas, he said.

“We want to create an awareness on conserving the areas and to have better local involvement towards the end. We’re also working for these sites to be part of the Unesco Global Network of Geoparks, and if accepted, officials from Unesco will be monitoring these sites from time to time.”
Yunus: It is pivotal for these sites to be gazetted as geoparks for the conservation and sustainability of the environment and communities living in these areas.


UEM Land To Compulsorily Acquire Sunrise Shares

Extract from The Star (25/12/10)

KUALA LUMPUR: UEM Land Holdings Bhd (ULHB) has received valid acceptances for 450.9 million offer shares, representing 91.02% of Sunrise Bhds issued and paid-up capital (excluding treasury shares).

In view of this, ULHB would not later than two months from yesterday proceed to invoke Section 222 of the Capital Markets and Service Act 2007 to compulsorily acquire any remaining offer shares for which valid acceptances had not been received under the takeover offer, CIMB Investment Bank Bhd said in a filing to Bursa Malaysia on behalf of ULHB.

Under such circumstances, all the holders of these offer shares will be satisfied entirely via the issuance of ordinary shares of RM0.50 each in ULHB at an issue price of RM2.10 each for the offer shares compulsorily acquired.

The consideration for the offer shares acquired under such compulsory acquisition will be equivalent to the offer price and on the same terms as set out in the offer document, it said.


Living A Frugal Green Lifestyle

Extract from The Star (25/12/10)

Tired of keeping up with the urban lifestyle? You keep spending and never seem to have saved anything at the end of the month?

If that’s the case, consider making major changes to your lifestyle. Give yourself a chance to live a frugal lifestyle. Frugal living isn’t about sacrifice and deprivation; it’s about smart and wise living. Neither does it mean that you are stingy and being cheap if you take control of the amount of money you spend.

People often have different perspectives about frugal living. Unless you are clear in your purpose, embarking on a frugal lifestyle can prove challenging since it requires some basic life changes.

Strange but true – one of the cruel ironies of life is that only when forced to make a life-changing decision after we experience a major loss of income, a career, business or investment failure, do we really appreciate the true value of money.
To save money, one can get the cobbler to replace the shoe sole instead of buying a new pair.


Malls Expand And Upgrade To Stay Ahead Of The Competition

Extract from The Star (25/12/10)

WITH new malls being developed all the time, shopping complexes that have been around a while need to continue to re-invent themselves to keep up with the competition. So what do these malls have to do to stay attractive and be able to pull in the crowds'

The Sunway Pyramid shopping center, which has been around since 1997, is still being continuously upgraded to keep up with the competition, says Sunway IFM Sdn Bhd retail division chief operating officer Kevin Tan Gar Peng.

Due to demand for added space, we are expanding a section of our mall after Chinese New Year (which falls in early February), he says in an interview.

The upgrade, says Tan, will comprise the addition of three levels of retail space.
Kevin Tan Gar Peng ... ‘We designed the mall in such a way that coming here would be more of an adventure than just a shopping trip.’


Demand For Green Buildings On The Rise

Extract from The Star (25/12/10)

WITH leading multinational corporations at the forefront to lease green office space, the demand for green buildings in Malaysia will continue to rise as environmental awareness grows and more companies embrace the practice of corporate social responsibility.

Another driver is the growing body of evidence demonstrating that green buildings make financial sense.

CB Richard Ellis (Malaysia) vice-president research, Nabeel Hussain says there is growing recognition that key participants in the country's real estate sector have a responsibility to adopt sustainable building practices and related technologies in order to play a pro-active role in climate change mitigation.

Malaysia has introduced its own green rating system, the Green Building Index (GBI) in 2009. The Government is supporting the drive towards green buildings and technology and its Budget 2010 was the first one ever to give priority to the procurement of goods and services that are environmentally friendly, he adds.


Tower Puts Sg Petani On Green Building Map

Extract from New Straits Times (25/12/10)

SUNGAI PETANI: Fast-growing Sungai Petani has a new landmark in the form of a state-of-the-art highrise living, Sky Residences.

And the 18-storey "Home in the Skies", built by EUPE Kemajuan Sdn Bhd, a subsidiary of EUPE Corporation Bhd, does Kedah and the whole nation proud after it became the first dwelling complex in the country to receive the silver LEED (Leadership in Energy and Environmental Design) certification from the prestigious US Green Building Council (USGBC).

EUPE managing director Beh Huck Lee said the green building certification encourages and accelerates global adoption of sustainable green building and development practices through a suite of rating systems that recognize projects that implement strategies for better environmental and health performance.

"We are proud to be the first to receive the certification in our country. The silver LEED certification is a global recognition of a Malaysian firm's ability to meet the high standards of a green building.