KSH & Heeton

KSH & Heeton: KSH (40% stake), Heeton (30%) and Zap Piling (30%) will form a JV to acquire a 21.9k sqft freehold site at Whitley Rd for $31m. The freehold land parcel is located in prime District 11 and is zoned for 2-storey mixed landed resi units. 9:05:42 AM: Low Xu Yang: #Sinarmas Land: Increases sh/h of PT Plaza Indonesia Realty (PIR) from 17.62% to 25.99% for $63.2m. PIR is principally engaged in the hotel, commercial and residential business. It owns Grand Hyatt Jakarta Hotel, Keraton Luxury Collection Hotel, Plaza Indonesia Shopping Center, The Plaza Office Tower and Keraton Residence, all situated in Jakarta, Indonesia.