China Press , 05 November 2012 – To create property grouping to withstand state-controlled companies: News on Dijaya eyeing ties with Mah Sing

Financial executives close to the situation says that Dijaya Corp Bhd (DIJACOR, 5401, Main Property Stock) has explored a possible alliance with Mah Sing Group Bhd (MAHSING, 8583, Main Property Stock) to create a private property group that will be strong enough to withstand the onslaught of state-controlled real estate companies.

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Sin Chew Daily, 01 November 2012 – Dijaya sells land for RM100 million

Sin Chew Daily, 01 November 2012

DIJAYA Corporation Berhad (DIJACOR, 5401, Main Property Stock) sold two parcels of land in Balakong, Selangor for RM106,423,000 million.

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The Sun, 1 Nov 2012 – Dijaya to realise RM38 million gain from land sale

The Sun, 01 Nov 2012

PETALING JAYA (Nov 1, 2012): Property developer Dijaya Corp Bhd is selling two parcels of freehold land in Balakong measuring 26.7ha to Kuala Lumpur Metro (M) Sdn Bhd for RM106.4 million.

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Business Times, 1 Nov 2012 – Dijaya to sell 2 parcels of land for RM106 million

Business Times, 01 Nov 2012

KUALA LUMPUR: Dijaya Corp Bhd's wholly-owned unit, Dijaya Property Sdn Bhd, has signed a sale and purchase agreement to sell two parcels of freehold land in Balakong to Kuala Lumpur Metro (M) Sdn Bhd for RM106.4 million.

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The Edge, 1 Nov 2012 – Dijaya rakes in RM38 million gain from land sale

The Edge , 01 Nov 2012

KUALA LUMPUR: Dijaya Corp Bhd gained RM38 million from the sale of two parcels of land measuring 26.7ha in Balakong.

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The Star, 1 Nov 2012 – Dijaya sells land to Kuala Lumpur Metro

The Star , 01 Nov 2012

PETALING JAYA: Dijaya Corp Bhd has entered a sale and purchase agreement with Kuala Lumpur Metro (M) Sdn Bhd to sell land in Balakong for RM106.42mil.

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China Press, 26 October 2012 – Acquisition of land bank: Dijaya expects better earnings next year

China Press, 26 October 2012

(DIJACOR, 5401, Main Property Stock) Following the earlier concerns, Dijaya Corporation Berhad’s share price had sold down. However, with the company’s aggressive property acquisition drive in 2010, it is believed that the company can expect earnings to take off in year 2013.

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The Sun, 26 October 2012 – Tropicana Gardens' first phase sold out

The Sun, 26 October 2012

The first phase of Tropicana Gardens' Arnica Residence condominium was fully taken up at a recent two-day preview (pix), with sales totalling RM230 million. Attendants included Dijaya Privilege Card members and early registrants.

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Business Times, 22 October 2012 – Dijaya sees record RM765 million property sales

Business Times, 22 October 2012

The optimism is based on recent launches like Golf Villas in Tropicana, Phase One of its RM3.8 billion Tropicana Danga Bay development in Iskandar Malaysia, and the RM1.8 billion Tropicana Gardens in Kota Damansara, Selangor.

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Harian Metro, 20 October 2012 – Aims to reach sales of RM230 million

Harian Metro, 20 October 2012

Dijaya Corporation Berhad (Dijaya) expects a total sales value of Arnica Residence, the serviced residence project which is Phase 1 of Tropicana Gardens in Kota Damansara, to reach RM250 million during the launch of the project recently.

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The Star, 20 October 2012 – Phase 1 of project snapped up immediately after being unveiled

The Star, 20 October 2012

DIJAYA Corporation Bhd recently unveiled Arnica Residence — Phase 1 of the serviced residence of Tropicana Gardens, its latest integrated development project at Kota Damansara — with a 100% take-up rate and RM230mil in sales.

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The Star, 18 October 2012 – A Step Up for pupils, thanks to Dijaya

The Star, 18 October 2012

PETALING JAYA: Even established property developers like Dijaya Corporation Berhad believe it takes a village to raise a child.

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The Star, 13 October 2012 – 72% acceptance for Dijaya shares

The Star, 13 October 2012

PETALING JAYA: Dijaya Corp Bhd has received total valid acceptances and excess applications for 265,931,873 rights shares, together with 66,482,968 attached bonus shares, at the close if its rights issue as at 5pm on Tuesday.

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New Straits Times, 12 October 2012 – Coastal pearls of Penang

New Straits Times, 12 October 2012

Sea allure: beachfront developments are changing Penang island's coastal skyline

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The Edge, 11 October 2012 – Dijaya set for strong sales growth

The Edge, 11 October 2012

PETALING JAYA: Dijaya Corp Bhd is set for strong sales growth over the next three years, with several key projects coming onto the market.

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Nanyang Siang Pau, 10 October 2012 – Dijaya shares bounced back To RM1.16

Nanyang Siang Pau, 10 October 2012

On 9 October, the benchmark of FBM KLCI entered an uptrend note of 1,664.98 to maintain at 1,650 points at the close.

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Business Times, 08 October 2012 – Dijaya unfazed by glut talk

Business Times, 08 October 2012

PETALING JAYA: Dijaya Corp Bhd will continue to develop its two projects in Johor, amid concerns by industry experts for sale in the state, says its key official.

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The Edge, 08 October 2012 – Developers in privatisation, M&A dilemma

The Edge, 08 October 2012

The slew of pricey initial public offerings (IPOs) on Bursa Malaysia does not reflect the overall sombre mood of the equity market.

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Harian Metro, 06 October 2012 – Dijaya uses RM500 million working capital

Dijaya Corporation Berhad (Dijaya) will execute its proposed seven-year Commercial Paper (CP) / Medium Term Notes (MTN) Programme of up to RM500 million as working capital and for future expansion plans.

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Kwong Wah Yit Poh, 04 October 2012 – Dijaya Corp trading suspended for two days

Kwong Wah Yit Poh, 04 October 2012

Dijaya Corporation Bhd (DIJACOR, 5401, Main Property Stock) announced a renounceable right issue of up to 491,302,655 new ordinary shares at an issue price of RM1.20 per rights share, together with an attached bonus issue of up to 122,825,664 new Dijaya shares. Shareholders can exercise their rights on the basis of four (4) Rights Shares for every five (5) existing Dijaya share held by them and they will be given one (1) Bonus Share for every four Rights Shares subscribed.

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Oriental Daily, 03 October 2012 – Mergers and Acquisitions: Dijaya Corp to expand

Oriental Daily , 03 October 2012

Dijaya Corporation Berhad (DIJACORP, 5401 Main Property Stock) is open to more acquisition exercise so as to expand the company’s business.

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China Press, 03 October 2012 – Dijaya Corporation Berhad: Impact of increased RPGT not significant

China Press, 03 October 2012

Dijaya Corporation Berhad (DIJACORP, 5401 Main Property Stock) said that the hike in real property gains tax (RPGT) by the government is not significant and will not have much impact on the company.

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The Malaysian Reserve, 03 October 2012 – Dijaya set for expansion, acquisition with RM500 million

The Malaysian Reserve, 03 October 2012

Dijaya Corp Bhd will utilise its proposed RM500 million sevenyear commercial paper (CP)/medium-term notes (MTN) programme as working capital to fund aggressive expansion plans which include several property development projects.

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The Star, 03 October 2012 – Dijaya is confident of selling The Residences at RM2,000 psf

The Star, 03 October 2012

PETALING JAYA: Dijaya Corp Bhd is planning to price its The Residences service apartments at RM2,000 per sq ft (psf) when it launches the 352 units next year and this will also be one of the higher pricing for service apartments in Kuala Lumpur in recent times. Dijaya is confident that it will receive strong interest.

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The Sun, 03 October 2012 – Dijaya lines up more projects for 2013

The Sun, 03 October 2012

PETALING JAYA (Oct 3, 2012): Dijaya Corp Bhd, which signed the agreements for its commercial paper/medium term notes (CP/MTN) programme of up to RM500 million yesterday, said it has RM2 billion worth of projects in the pipeline for 2013.

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The Star, 03 October 2012 – Developers say impact of increased RPGT not significant

The Star, 03 October 2012

KUALA LUMPUR: The increase in real property gains tax (RPGT) announced in Budget 2013 will not have significant impact on the property sector, according two developers.

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Business Times, 03 October 2012 –Dijaya: New projects may fetch up to RM2,500 psf

Business Times, 03 October 2012

DIJAYA Corp Bhd plans to launch serviced residences in Kuala Lumpur at a whopping RM2,000 per square foot (psf) to RM2,500 psf.

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The Edge, 03 October 2012 – Dijaya: RPGT hike a positive move

The Edge, 03 October 2012

KUALA LUMPUR: The hike in real property gains tax (RPGT) is a positive measure by the government in sustaining the property market, said Dijaya Corp Bhd executive director Koong Wai Seng.

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The Malay Mail, 03 October 2012 – RM500 million boost for Dijaya

The Malay Mail, 03 October 2012

DIJAYA CORP will use the proceeds from its proposed seven-year commercial paper (CP)/medium-term notes (MTN) programme of up to RM500 million as working capital and for future expansion plan.

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The Edge, 02 October 2012 – Dijaya open to M&A in sector

The Edge, 02 October 2012

PETALING JAYA: Dijaya Corp Bhd is open to mergers and acquisitions (M&A) in the property sector if an opportunity arises.

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New Straits Times, 28 September 2012 – FOCUS: Tropez: Tropical high-living in JB

New Straits Times, 28 September 2012

HIDDEN TREASURE: Million-ringgit views in a futuristic-designed development by Danga Bay is what awaits buyers of Tropez serviced apartments in JB

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The Malaysian Insider, 27 September 2012 – Dijaya's 'Hidden Treasures' for home buyers

The Malaysian Insider, 27 September 2012

KUALA LUMPUR, Sept 27 — Fancy living somewhere serene without giving up the excitement of being in the city? Dreaming of a home in a prime area with world-class facilities, resort-like ambience and lush greenery?

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The Edge, 24 September 2012 –Developers eyeing Kwasa Damansara land

The Edge, 24 September 2012

The Employees Provident Fund's (EPF) much-coveted landbank on the outskirts of Kuala Lumpur is attracting premium prices from developers, underscoring the continued confidence in property projects in choice locations.

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Propwall, 18 September 2012 – Tropicana Gardens, Kota Damansara

Propwall, 18 September 2012

Tropicana Gardens is the latest up-and-coming project to be strategically developed in the bustling, well-established area of Persiaran Surian, Kota Damansara. It is a luxurious integrated mixed development and is slated to turn into the latest urban hub in that area. It will serve the residents from the nearby Tropicana Indah Resort Homes, which rests on a 400 acre (161.8 ha) piece of land, as well as its surrounding areas.

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The Edge, 17 September 2012 – Gearing up for the big day

The Edge, 17 September 2012

One hundred and thirty eight teams from 77 companies and 60 corporate leaders have signed up for this year's The Edge-Bursa Malaysia Kuala Lumpur Rat Race. To date, RM2.096 million has been raised for selected beneficiaries. Last year's race brought in a total of RM1.933 million. We highlight some of the companies that are preparing to run for good cause this Sept 25.

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The Star, 01 September 2012 – Dijaya keen to tender for Kwasa Land projects in Sungai Buloh

The Star, 01 September 2012

DIJAYA Corp Bhd has been open in saying it is keen to tender for jobs on the Rubber Research Institute Malaysia (RRIM) land now bought over by Kwasa Land Sdn Bhd once the pre-qualification process starts.

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The Star, 28 August 2012 – RM100,000 to upgrade SRJK (C) Yeong Chang

The Star, 28 August 2012

Dijaya Tropicana Foundation presented a RM100,000 mock cheque to SRJK(C) Yeong Chang, in Batu Pahat, Johor, recently.

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Sin Chew Daily, 22 August 2012 – Jalan Tanjung open-and-shut case:Bandar Utama residents puzzled

Sin Chew Daily , 22 August 2012

Until today, the Jalan Tanjung in Bandar Utama has not re-opened. This one-way direction road has resulted in heavy traffic.

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China Press, 22 August 2012 – Tussel for Jalan Tanjung Open-and-shut case: Bandar Utama residents don’t know how to proceed

China Press, 22 August 2012

The Jalan Tanjung connecting Kota Damansara and Bandar Utama was closed since two years ago because of a land dispute. It was re-opened on 18 August but was it was closed again after one day leaving the residents very confused.

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The Star, 18 August 2012 – Barricades removed: Relief for residents after long wait

The Star, 18 August 2012

ROADUSERS were pleasantly surprised to find the controversial Jalan Tanjung in Bandar Utama, Petaling Jaya, opened to the public yesterday.

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The Malaysian Reserve, 13 August 2012 – Dijaya to become 'big league developer'

The Malaysian Reserve, 13 August 2012

Dijaya Corp Bhd will embark on an amalgamation exercise, said to be one of the largest related party transactions in the country, in which it hopes to boost its position as a property developer with a landbank of 913 acres in prime locations with an estimated gross development value (GDV) of RM38 billion.

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The Edge, 13 August 2012 – Asset injection tests Dijaya's willpower

The Edge, 13 August 2012

Dijaya Corp Bhd has been aggressively expanding its landbank over the years. However the latest acquisition of RM1.1 billion worth of land and property from its controlling shareholder, Tan Sri Danny Tan Chee Sing, raises concerns about whether the property developer has bitten off more than it can chew.

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Nanyang Siang Pau, 11 August 2012 – Shareholders of Dijaya approved plan to acquire 73 property asset from YBhg Tan Sri Dato' Danny Tan Chee Sing

Nanyang Siang Pau, 11 August 2012

Dijaya Corporation (Dijacor, 5401, main board property) has secured the support of majority shareholders for the corporate consolidation plan at their EGM, which approved the proposal to acquire 73 properties from major shareholder and Group Chief Executive Officer, YBhg Tan Sri Dato’ Danny Tan Chee Sing.

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China Press, 11 August 2012 – YBhg Tan Sri Dato' Danny Tan Chee Sing received proposal of privatisation or disposal of partial share

China Press, 11 August 2012

YBhg Tan Sri Dato’ Danny Tan Chee Sing, major shareholder of Dijaya (DIJACOR, 5401, main board property company) whose executive share swap with land results in his holding of 80% equity, has received a proposal to privatise the company, or sell parts of share to other shareholders in order to maintain the listing status.

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New Straits Times, 10 August 2012 – Building dreams

New Straits Times, 10 August 2012

FORGING AHEAD: Dijaya Corporation Berhad with its mixed portfolio of residential, commercial and other developments emerged as one of the winners of the BCI Asia Top 10 Developers Award 2012

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China Press, 11 June 2012 –Dijaya Corporation acquires land from MPHB for RM54 million

China Press, 11 June 2012

KUALA LUMPUR, 10 June – Advent Nexus, a wholly owned subsidiary of Dijaya Corporation Berhad (Dijacor, 5401, main board, properties), has offered RM54 million to acquire a piece of land in Kuala Lumpur with an area of 1,106 square metres from Multi Purpose Holdings Bhd (MPHD, 3959, main board trading / services). The deal is expected to be completed by the third quarter of this year.

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Malay Mail, 11 June 2012 –Dijaya acquiring boutique hotel

Malay Mail, 11 June 2012

KUALA LUMPUR: Dijaya Corporation Bhd's wholly-owned subsidiary, Advent Nexus Sdn Bhd, has signed with Multi-Purpose Holdings Bhd for the acquisition of a modern boutique hotel for RM54 million cash. The property is within minutes walk away from Kuala Lumpur major business, shopping malls, namely Pavilion, Sungei Wang Plaza, Bukit Bintang Plaza, Berjaya Times Square and entertainment hubs in Changkat and food haven in Jalan Alor," Dijaya said in its Bursa filing, adding that the hotel is well suited for business and leisure travelers.

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New Straits Times , 01 June 2012 –Being 'busy' pays for top 10 architects and developers

New Straits Times , 01 June 2012

WINNERS’ LEAGUE: Back again, bigger and boasting two award categories for property developers and architecture firms plus green buildings, the BCI Asia Awards recognised the top 10 most active firms recently.

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The Star, 15 May 2012 –Dijaya gets SC nod for RM850 million ICULs issuance

The Star, 15 May 2012

KUALA LUMPUR: Dijaya Corporation Bhd has received the Securities Commission's approval to issue up to RM850mil nominal value of loan stocks.

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Malaysia Tatler, May 2012 –FACES PEOPLE who make the NEWS

Malaysia Tatler, May 2012

FACES PEOPLE who make the NEWS

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The Star, 23 April 2012 –Dijaya Tropicana Foundation donates RM100,000 to Penang Sheng Nen Childcare Association

Sin Chew Daily , 23 April 2012

Dijaya Tropicana Foundation presented a cheque donation of RM100,000 to Penang Sheng Nen Childcare Association for the Poor a few days ago. This donation will go towards funding the construction of the Sheng Nen childcare centre and senior citizen home in Island Glades, Penang.

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The Star, 16 April 2012 –Spreading love and cheer

The Star, 16 April 2012

Foundation presents RM100,000 to Ti-Ratana Welfare Society

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New Straits Times, 13 April 2012 –RM100,000 donation to welfare society

New Straits Times, 13 April 2012

Dijaya Tropicana Foundation donated RM100,000 to the Ti-Ratana Welfare Society during a luncheon at Ti-Ratana's welfare home in Desa Petaling recently.

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Asia Property Report, 12 April 2012 –Dijaya enters RM 949.9 million agreement

Asia Property Report, 12 April 2012

Dijaya Corp Bhd has entered into various conditional sale and purchase agreements to acquire 73 properties, comprising of 49 parcels of land and 16 buildings, totaling RM 94.9 million (US$30.9 million).

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The Sun, 10 April 2012 –Dijaya inks RM950 million definitive agreements

The Sun, 10 April 2012

PETALING JAYA (April 10, 2012): Dijaya Corp Bhd, which recently announced plans to acquire 73 properties, including land measuring a total of 27.2ha, from its group CEO and major shareholder Tan Sri Danny Tan Chee Sing, has entered into various conditional sale and purchase agreements (SPAs) and conditional share sale agreements (SSAs) with the respective vendors for a combined RM949.9 million, as part of a plan to grow Dijaya as a property flagship.

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The Star, 10 April 2012 –Dijaya in amalgamation deals worth RM950 million

The Star, 10 April 2012

PETALING JAYA: Dijaya Corp Bhd has entered into agreements with several vendors for a proposed acquisition of 73 properties, comprising 49 parcels of land and 16 buildings, for RM949.9mil.

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Reuters, 10 April 2012 –Press Digest - Malaysia - April 10

Reuters, 10 April 2012

Dijaya Corp Bhd is poised to get an income boost after an amalgamation exercise where its major shareholder Danny Tan would inject assets with long-term lease arrangements and a rental yield of at least 8 percent yearly, Dijaya Corp said in a statement.

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New Straits Times , 10 April 2012 –Dijaya signs RM950 million agreements

New Straits Times , 10 April 2012

KUALA LUMPUR: Dijaya Corporation Bhd, a company substantially owned by Tan Sri Danny Tan Chee Sing, said it has signed 24 conditional sale and purchase agreements and 16 conditional share sale agreements with the respective vendors for RM949.9 million. The payment involves RM250 million cash and the balance via the issuance of a 10-year three per cent coupon Dijaya Redeemable Convertible Unsecured Loan Stock, with a staggered conversion range of RM1.30 to RM2.50 over a 10-year period. The funds are part of its plan to acquire 73 properties, comprising 49 parcels of land and 16 buildings, which was announced last month.

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Malay Mail, 10 April 2012 –Dijaya buys land, proposes rights and debt issues

Malay Mail, 10 April 2012

DIJAYA CORP Bhd is buying from various vendors a total of 73 properties, comprising of 49 parcels of land and 16 buildings, for a total of RM949.9 million.

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Business Times , 09 April 2012 –Dijaya inks deal to acquire assets worth RM950 million

Business Times , 09 April 2012

Dijaya Corp Bhd has entered into various conditional sale and purchase agreements and conditional share sale agreements with the respective vendors to acquire 73 properties, comprising 49 parcels of land and 16 buildings, for a total of RM949.9 million.

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Sin Chew Daily, 26 March 2012 –Dijaya Corporation Bhd enters into a new era of growth

Sin Chew Daily, 26 March 2012

Dijaya Corporation Bhd enters into a new era of growth

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The Star, 24 March 2012 –Tropicana Ivory’s RM10 billion Penang World City to feature diverse cultural components

The Star, 24 March 2012

GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10 billion Penang World City (PWC) project in Bayan Mutiara will have affordably priced high-rise units and a world culture' component, featuring different cultural residential enclaves.

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New Straits Times, 17 March 2012 –Property Buyers Feted

New Straits Times, 17 March 2012

KUALA LUMPUR: Dijaya Corp Bhd hosted an appreciation get-together themed Shanghai Night for its property buyers last month. Dijaya MD said the event was to reward loyal customers

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Kwong Wah Jit Poh, 09 March 2012 –Major shareholder’s low price injection of properties; Dijaya’s small shareholders to benefit

Kwong Wah Jit Poh, 13 March 2012

Analysts believe that Dijaya Corporation Berhad’s (DIJACOR, 5401, Main Property Stock) major shareholder’s injection of properties into the company will benefit the small shareholders but will not have much effect for the larger shareholders. This is because DIjaya has acquired the properties at a very low price, which include buildings and landed properties.

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The Sun, 12 March 2012 –SUNBIZ: the Sun ON MONDAY

The Sun , 12 March 2012

SUNBIZ: the Sun ON MONDAY

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Nanyang Siang Pau, 12 March 2012 –Dijaya to acquire properties; Tan Sri Dato' Danny Tan Chee Sing's investment to raise share price

Nanyang Siang Pau, 12 March 2012

News pointed out that Dijaya Corporation Berhad (DIJACOR, 5401, Main Property Stock) plans to acquire properties from its substantial shareholder Tan Sri Dato’ Danny Tan Chee Sing, a move that will assist the small shareholders in increasing their shares. On the other hand, Tan Sri Dato’ Danny Tan’s decision to inject properties with lower prices than the normal market value into Dijaya and then issue rights issue may not necessary gain huge benefits.

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The Star, 10 March 2012 –BIZPeople

The Star, 10 March 2012

BIZPeople

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China Press, 09 March 2012 –Dijaya amalgamation exercise; RHB Investment Bank Bhd named joint adviser

China Press, 09 March 2012

RHB Investment Bank Bhd has been named joint adviser to Dijaya Corporation Berhad (DIJACOR, 5401, Main Property Stock). Dijaya’s first step is to undertake a proposed rights issue to raise funds of up to RM590 million.

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The Star, 09 March 2012 –Dijaya names joint adviser

The Star, 09 March 2012

PETALING JAYA: RHB Investment Bank Bhd has been named a joint adviser in Dijaya Corp Bhd's RM1.1bil proposed amalgamation exercise which will streamline and rationalise the majority of the properties held privately by Dijaya's major shareholder, Tan Sri Danny Tan Chee Sing, into Dijaya, said RHB in a statement.

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The Edge, 09 March 2012 –RHB appointed joint adviser for Dijaya's RM1 billion exercise

The Edge, 09 March 2012

KUALA LUMPUR: RHB Investment Bank Bhd has been appointed as a joint adviser to Dijaya Corp Bhd's proposed RM1.1 billion amalgamation exercise.

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Morning Star Advisory, 08 March 2012 –Dijaya Corp To Raise Up To MYR1.09 Billion Via Rights, Debt Issue - RHB Investment Bank

Morning Star Advisory, 08 March 2012

KUALA LUMPUR -(Dow Jones)- Malaysian property developer Dijaya Corp. (5401.KU) plans to raise a total up to MYR1.09 billion ($361 million) through a rights issue and the offer of commercial paper and medium term notes, joint advisers RHB Investment Bank Bhd. and RHB Banking Group said Thursday.

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adr.com, 08 March 2012 – Dijaya Corp To Raise Up To MYR1.09 Billion Via Rights, Debt Issue - RHB Investment Bank

adr.com, 08 March 2012

KUALA LUMPUR -(Dow Jones)- Malaysian property developer Dijaya Corp. (5401.KU) plans to raise a total up to MYR1.09 billion ($361 million) through a rights issue and the offer of commercial paper and medium term notes, joint advisers RHB Investment Bank Bhd. and RHB Banking Group said Thursday.

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Fox Business, 08 March 2012 – Dijaya Corp To Raise Up To MYR1.09 Billion Via Rights, Debt Issue - RHB Investment Bank

Fox Business, 08 March 2012

KUALA LUMPUR – Malaysian property developer Dijaya Corp. (5401.KU) plans to raise a total up to MYR1.09 billion ($361 million) through a rights issue and the offer of commercial paper and medium term notes, joint advisers RHB Investment Bank Bhd. and RHB Banking Group said Thursday.

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Business Times (Singapore), 08 March 2012 – Dijaya asset injection to boost market cap to over RM 1 billion

Business Times (Singapore), 08 March 2012

Malaysian builder Dijaya Corporation will see a significant enlargement in its assets and market capitalisation to over RM1 billion (S$417 million) once the privately held assets of its controlling shareholder and group CEO Danny Tan Chee Sing are injected into the company under a proposed amalgamation.

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The Edge, 08 March 2012 – Dijaya to launch RM1.6 billion projects

The Edge, 08 March 2012

PETALING JAYA: Dijaya Corp Bhd, which is growing its size with the injection of new assets, aims to launch some Rm1.6 billion worth of projects this year.

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Utusan Malaysia, 07 March 2012 – Dijaya purchased real estate worth RM1.1billion

Utusan Malaysia, 07 March 2012

Dijaya Corporation Berhad, which is largely owned by the Group Chief Executive Officer Tan Sri Dato’ Danny Tan Chee Sing, today announced an amalgamation which will see the company buying Tan Sri Dato’ Danny Tan’s 73 privately owned real estate worth RM1.1 billion.

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Nanyang Siang Pau, 07 March 2012 – Dijaya buys 73 properties for RM948 million from major shareholder

Nanyang Siang Pau, 07 March 2012

Dijaya Corp (DIJACOR, 5401, Main Property Stock) announced the purchase of 73 properties from major shareholder Tan Sri Dato’ Danny Tan Chee Sing for RM948.7 million.

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Berita Harian, 07 March 2012 – Dijaya bought 73 real estate worth RM1.1 billion: Company has surpassed 1990’s organic growth

Berita Harian, 07 March 2012

IDijaya Corporation Bhd bought 73 real estate assets with a potential value of RM1.1 billion, which is owned by Group Chief Executive Officer, Tan Sri Dato’ Danny Tan Chee Sing, thus witnessing the rise of the largest property developer in the Main Board of Bursa Malaysia.

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China Press, 07 March 2012 – Dijaya buys RM950 million properties from major shareholder to catapult Dijaya into the ‘big league’

China Press, 07 March 2012

Dijaya Corp (DIJACOR, 5401, Main Property Stock) acquired properties from its Group Chief Executive Officer, Tan Sri Dato’ Danny Tan Chee Sing, for RM948.7 million, targeting to turn the company into one of the leading players in the property development and property investment market in the country.

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Oriental Daily, 07 March 2012 – Tan Sri Dato' Danny Tan Chee Sing to inject properties worth RM950 million into Dijaya Corp

Oriental Daily, 07 March 2012

Tan Sri Dato’ Danny Tan Chee Sing, the substantial shareholder of Dijaya Corporation Berhad (DIJACOR, 5401, Main Property Stock) will inject 73 of his privately held properties into DIjaya, making it one of the largest related-party transactions in Malaysia which can be comparable with other large competitors.

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Malaysian Reserve, 07 March 2012 – Dijaya catapulting into ‘big league’ in property development, says Tan

Malaysian Reserve, 07 March 2012

Dijaya Corp Bhd will see its landbank gross development value (GDV) rise to RM37 billion upon the completion of the proposed amalgamation exercise agreement with its major shareholder and chief executive officer Tan Sri Danny Tan Chee Sing.

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Sin Chew Daily, 07 March 2012 – Buy properties from major shareholder for RM948million; Dijaya catapulting into ‘big league’ in property development

Sin Chew Daily, 07 March 2012

“DIJAYA OFFERS FOUR RIGHTS SHARES FOR EVERY FIVE EXISTING DIJAYA SHARES HELD AND ONE BONUS SHARE FOR EVERY FOUR RIGHTS SHARES SUBSCRIBED TO RAISE RM441 MILLION”

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Malay Mail, 07 March 2012 – Tropicana chief dreams big

Malay Mail, 07 March 2012

KUALA LUMPUR: Dijaya Corporation Bhd, substantially owned by group chief executive officer Tan Sri Tan Chee Sing, today announced an amalgamation exercise, which will see the company acquiring Tan's 73 private properties worth RM1.1 billion.

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New Straits Times, 07 March 2012 – Dijaya in amalgamation exercise

New Straits Times, 07 March 2012

DIJAYA Corp Bhd will buy assets worth RM1.1 billion owned by its major shareholder, Tan Sri Danny Tan Chee Sing, under a consolidation exercise to spur its growth.

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The Edge, 07 March 2012 – Group CEO to inject RM1.1b worth of assets into Dijaya

The Edge, 07 March 2012

PETALING JAYA: Tan Sri Danny Tan Chee Sing is looking to inject his privately held assets, valued at some RM1.1 billion, into Dijaya Corp Bhd, which will transform the company into one of the largest property firms in the country in terms of market capitalisation.

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Malaysian Insider, 07 March 2012 – Dijaya catapulting into ‘big league’ in property development, says Tan

Malaysian Insider, 07 March 2012

Dijaya Corp Bhd will see its landbank gross development value (GDV) rise to RM37 billion upon the completion of the proposed amalgamation exercise agreement with its major shareholder and chief executive officer Tan Sri Danny Tan Chee Sing.

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Borneo Post, 07 March 2012 – Amalgamation exercise to catapult Dijaya into the ‘big league’

Borneo Post , 07 March 2012

KUCHING: Dijaya Corporation Bhd (Dijaya), a company substantially owned by Tan Sri Datuk Danny Tan Chee Sing, yesterday announced the execution of an Amalgamation Exercise Agreement, which aims to streamline and rationalise majority of the lands and properties held privately by Tan into Dijaya.

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The Sun, 07 March 2012 – Dijaya buys RM948 million properties from CEO

The Sun, 07 March 2012

PETALING JAYA: Dijaya Corp Bhd plans to acquire 73 properties, including land measuring a total of 27.2ha from its CEO and major shareholder Tan Sri Danny Tan Chee Sing (pix) for RM948.7 million in a move to provide the group better access to larger scale business opportunities.

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The Sun, 07 March 2012 – Dijaya buys properties worth RM948 million from Danny Tan

The Sun , 07 March 2012

PETALING JAYA (March 7, 2012): Dijaya Corp Bhd plans to acquire 73 properties, including land measuring a total of 27.2ha, from its CEO and major shareholder Tan Sri Danny Tan Chee Sing for RM948.7 million.

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Malay Mail, 07 March 2012 – Dijaya acquires properties worth RM1.1 billion in amalgamation exercise

Malay Mail, 07 March 2012

KUALA LUMPUR: Dijaya Corporation Bhd, substantially owned by group chief executive officer Tan Sri Tan Chee Sing, today announced an amalgamation exercise, which will see the company acquiring Tan's 73 private properties worth RM1.1 billion.

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Business Times, 07 March 2012 – Dijaya to buy assets for RM948.7 million

Business Times , 07 March 2012

Dijaya Corp agreed to buy property assets from its major shareholder for RM948.7 million, the Malaysian real estate company said in a statement in Kuala Lumpur today. The company plans a rights offer and a RM500 million bond sale to help finance the acquisitions, it said. It also proposed a bonus share issue, according to the statement.

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Reuters, 07 March 2012 – Press Digest - Malaysia - March 7

Reuters UK, 07 March 2012

* Danny Tan Chee Sing, the substantial shareholder and group chief executive officer of Dijaya Corp Bhd, will inject 73 of his privately-held properties with a market value of 1.1 billion ringgit ($363.64 million) for approximately 948.7 million ringgit ($313.62 million) into Dijaya Corp, making it one of the largest related party transactions in Malaysia.

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China Press, 06 March 2012 – Expected sales target of RM800 million this year; Ivory to develop GDV RM1.4 billion property in Penang

China Press, 06 March 2012

Ivory Property Sdn Bhd (IVORY, 5175, Main Property Stock) plans to develop a mixed residential and commercial property project in Penang this year with a GDV of RM1.4 billion and it expects to rake in sales of RM800 million.

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Reuters, 06 March 2012 – Press Digest - Malaysia - March 6

Reuters, 06 March 2012

Dijaya Corp Bhd plans to purchase 1.1 billion ringgit ($364.18 million) in property assets from its major shareholder Danny Tan Chee Sing, in a move seen as an injection of assets into the property developer, a property analyst said.

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The Edge, 06 March 2012 – Ivory Properties to launch RM1.4 billion worth of projects

The Edge, 06 March 2012

KUALA LUMPUR: Penang- based developer IVORY Properties Group Bhd plans to launch projects worth RM1.4 billion in gross development value (GDV) this year, the company said in a statement yesterday in a statement after its EGM yesterday.

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Business Times, 06 March 2012 – Dijaya aborts private placement

Business Times, 06 March 2012

KUALA LUMPUR: Dijaya Corporation Bhd has aborted its recent proposed private placement exercise. In a statement to Bursa Malaysia, Dijaya said the decision to abort its private placement is in view of the new corporate exercise to be undertaken to mitigate any further dilution of shareholdings in the company.

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Sun, 06 March 2012 – Dijaya aborts private placement

Sun, 06 March 2012

Dijaya Corp Bhd has aborted its private placement of up to 30% of its issued and paid-up share capital to mitigate any further dilution of shareholdings in the company, in view of a proposed new corporate exercise involving a very substantial transaction.

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New Straits Times, 06 March 2012 – Ivory expects nod for RM10 billion Penang project this week

New Straits Times, 06 March 2012

GEORGE TOWN: Ivory Properties Group Bhd is expecting approval from the Penang Development Corporation (PDC) this week for its proposed RM10 billion "Penang World City" project at Bayan Mutiara.

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New Straits Times, 06 March 2012 – Dijaya gives RM280,000 to Tzu Chi Foundation

New Straits Times, 06 March 2012

PETALING JAYA: Dijaya Tropicana Foundation donated RM280,000 to Tzu Chi Foundation Malaysia, recently.

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The Star, 06 March 2012 – Ivory starts negotiations on payment terms after securing tender bid

The Star, 06 March 2012

PETALING JAYA: Ivory Properties Group Bhd only started to engage in negotiations with the Penang state government on the payment terms for the Bayan Mutiara project after the company secured the open competitive tender on July 25, 2011, its chairman and group executive officer Datuk Low Eng Hock Low said.

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The Star, 06 March 2012 – Dijaya gets new assets from Danny Tan

The Star, 06 March 2012

PETALING JAYA: Dijaya Corp Bhd will acquire 73 properties held by its largest shareholder Tan Sri Danny Tan for RM949mil, to be satisfied by RM250mil in cash and the issuance of 10-year 2% coupon redeemable convertible unsecured loan stocks over 10 years.

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Nanyang Siang Pau, 06 March 2012 – Ivory Penang launches projects worth RM1.4 billion

Nanyang Siang Pau, 06 March 2012

Ivory’s Chairman and Group Chief Executive Officer Datuk Low Eng Hock in a statement expressed that the company is targeting to rake in sales of some RM800 million including ongoing projects which are still in progress.

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Nanyang Siang Pau, 06 March 2012 – Dijaya buys properties from major shareholder

Nanyang Siang Pau, 06 March 2012

While Dijaya Corporation (Dijacor, 5401, Main Property Stock) was waiting to announce a corporate activity, there were rumours on plans to purchase a real estate asset costing RM1.1 billion from major shareholder, Tan Sri Dato’ Danny Tan Chee Sing.

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Bernama, 06 March 2012 – Dijaya Acquires Properties Worth RM1.1 Billion In Amalgamation Exercise

Bernama, 06 March 2012

KUALA LUMPUR, March 6 (Bernama) -- Dijaya Corporation Bhd, substantially owned by group chief executive officer Tan Sri Tan Chee Sing, today announced an amalgamation exercise, which will see the company acquiring Tan's 73 private properties worth RM1.1 billion.

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Sin Chew Daily, 06 March 2012 – Dijaya Plans RM1.1 billion property asset purchase from major shareholder

Sin Chew Daily, 06 March 2012

Dijaya Corp (DIJACOR, 5401, Main Property Stock) plans to acquire RM1.1 billion of property assets from major shareholder Tan Sri Dato’ Danny Tan Chee Sing.

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Sin Chew Daily, 06 March 2012 – Ivory Penang to launch projects worth GDV RM1.4 billion

Sin Chew Daily, 06 March 2012

Ivory Properties Group Berhad (Ivory, 5175, Main Property Stock) plans to launch a project development in Penang with a GDV of RM1.4 billion this year.

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The Edge, 05 March 2012 – Dijaya’s profit jumps 73%

The Edge, 05 March 2012

Dijaya Corp Bhd's profit in 4QFY2011 jumped 73% q-o-q to RM50.7 million on the back of a 53% growth in revenue to RM156.2 million from RM101.9 million.

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Business Times, 05 March 2012 – 'Dijaya plan RM1.1b property assets purchase'

Business Times, 05 March 2012

Dijaya Corp, a Malaysian property developer, plans to buy about RM1.1 billion (US$365 million) of property assets from major shareholder Danny Tan Chee Sing, a person familiar with the matter said.

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China Press, 03 March 2012 – Dijaya Corp Trading Suspended For Two Days

China Press , 03 March 2012

Following Dijaya’s announcement of a corporate exercise to involve a very substantial transaction, Dijaya Corp’s (DIJACOR, 5401, Main Property Stock) trading was suspended from this afternoon at 4.35pm and would also be suspended for two days on Monday and Tuesday next week.

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Nanyang Siang Pau, 03 March 2012 – Dijaya Corp trading suspended on 5 March

Nanyang Siang Pau, 03 March 2012

Dijaya Corp (DIJACOR, 5401, Main Property Stock) will suspend its trading from next Monday (5 March 2012) pending a corporate announcement.

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Sin Chew Daily, 03 March 2012 – Corporate exercise to involve a very substantial transaction: Dijaya trading suspended until next Tuesday

Sin Chew Daily, 03 March 2012

DIJACOR 5401, Main Property Stock plans to undergo a corporate exercise which could involve “a very substantial transaction”. A suspension in trading would take effect from 5 March 2012 (Monday) to 6 March 2012 (Tuesday).

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The Star, 03 March 2012 – Major shareholder injects land-bank, property into Dijaya

The Star, 03 March 2012

PETALING JAYA: Dijaya Corp Bhd’s majority shareholder, Danny Tan Chee Sing is injecting his personal assets into flagship property company, Dijaya, to enlarge the size of the company and unlock further value for shareholders, said sources close to the company.

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Nanyang Siang Pau, 02 March 2012 – Hot Stock - Dijaya Corporation Rose RM1.64

Nanyang Siang Pau , 02 March 2012

Hot Stock – Dijaya Corporation Rose RM1.64

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The Edge 02 March 2012 – Dijaya’s corporate exercise to involve very substantial transaction

The Edge, 02 March 2012

KUALA LUMPUR (March 2): DIJAYA CORPORATION BHD [] plans to under a corporate exercise which would involve a very substantial transaction.

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Yahoo Finance (Singapore) 02 March 2012 – Dijaya Corp plans corporate exercise, trading suspended

Yahoo Finance (Singapore), 02 March 2012

KUALA LUMPUR (March 2): Trading in the securities of Dijaya Corporation Bhd was suspended from 4.35pm on Friday and would also be suspended from 9am on Monday.

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The Star, 01 March 2012 – Support Line

The Star, 01 March 2012

Support Line

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New Straits Times, 29 February 2012 – Earnings Update

New Straits TImes , 29 February 2012

Earnings Update

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The Edge, 29 February 2012 – Dijaya’s 4Q net profit rises 12%

The Edge, 29 February 2012

PETALING JAYA: Property developer Dijaya Corp Bhd posted a net profit of RM39.02 million on RM156.2 million in revenue for 4QFY11 ended December. In constrast to the corresponding period a year ago 4Q net profit strengthened by 12.81% while revenue increased by 53.26%.

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Reuters, 29 February 2012 – Dijaya Corporation Berhad Announces Proposed FY 2011 First And Final Dividend

Reuters, 29 February 2012

Dijaya Corporation Berhad announced its proposed first and final dividend of 3% per share less 25% income tax for fiscal year 2011, subject to shareholders' approval at the annual general meeting.

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New Straits Times, 29 February 2012 – Dijaya Q4 pre–tax profit surges by 73 pc

New Straits Times, 29 February 2012

Property developer Dijaya Corp Bhd's pre-tax profit for the fourth quarter ended Dec 31, 2011, increased 73 per cent to RM50.755 million from RM29.408 million in the corresponding quarter in 2010.

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The Sun, 29 February 2012 – Dijaya posts net profit of RM39 million for Q4

The Sun, 29 February 2012

PETALING JAYA (Feb 29, 2012): Dijaya Corp Bhd's net profit for the fourth quarter ended Dec 31, 2011 grew 13% to RM39.01 million from RM34.59 million a year earlier because of higher recognition of progress billings from various property projects.

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The Edge, 29 February 2012 – Dijaya profit jumps 73% to RM50.7 million in 4Q

The Edge, 29 February 2012

KUALA LUMPUR (Feb 28): Dijaya Corporation Bhd saw its profit jump 73% to RM50.7 million in 4Q from the previous quarter on the back of a 53% growth in revenue to RM156.2 million from RM101.9 million in the last quarter.

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The Edge, 29 February 2012 – Dijaya records 12.8% rise in 4Q earnings to RM39 million

The Edge, 29 February 2012

KUALA LUMPUR: Property developer, Dijaya Corp Bhd's earnings rose 12.8% to RM39.02 million for the fourth quarter ended Dec 31, 2011, from RM34.59 million a year ago, due to better sales performance and recognition of progress billings from its project launches in 2011.

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The Edge, 29 February 2012 – Dijaya’s 4Q net profit surges 9–fold

The Edge, 29 February 2012

KUALA LUMPUR: Dijaya Corp Bhd’s net profit for the fourth quarter ended Dec 31, 2010 rose almost nine-fold to RM36.2 million from RM4.1 million a year ago, mainly due to contributions from new property developments.

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Sin Chew Daily, 29 February 2012 – Dijaya Tropicana Foundation Donated RM280,000 for Charity

Sin Chew Daily, 29 February 2012

Dijaya Tropicana Foundation hosted a charitable dinner in which the foundation successfully donated RM280,000 to the Tzu Chi Foundation.

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The Star, 28 February 2012 – RM280,000 funding boost

The Star, 28 February 2012

Dijaya Tropicana Foundation presented a cheque for RM280,000 to Tzu Chi Foundation Malaysia during a charity dinner held at Tropicana Golf and Country Resort recently.

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China Press, 27 February 2012 – Dijaya Tropicana Foundation Donates RM280,000 to Tzu Chi Foundation Malaysia

China Press , 27 February 2012

The Dijaya Tropicana Foundation hosted a charity dinner last night (26 February 2012). It has also donated RM280,000 to the Tzu Chi Foundation for the purpose of providing assistance to the needy.

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The Star, 25 February 2012 – Night to thank house buyers

The Star, 25 February 2012

DIJAYA Corporation Berhad (Dijaya) wined and dined its property buyers at Tropicana Golf and Country Resort recently.

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Guang Ming, 24 February 2012 – Dijaya Appreciation Night

Guang Ming, 24 February 2012

In recognition of customers’ loyalty and support, Dijaya Corporation Berhad (DIJACOR) held a Customer Appreciation Night for its Dijaya Privilege Card members at the Tropicana Golf & Country Resort. Guests were specially asked to wear Shanghai-style suits or dresses to attend this function. Music from the olden days was played to allow guests to immerse in the soft, sweet music while enjoying their food.

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New Straits Times, 24 February 2012 – An Extraordinary Touch

New Straits Times, 24 February 2012

An Extraordinary Touch

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The Star, 21 February 2012 – A seafront of opportunity

The Star, 21 February 2012

JOHOR BARU: A special website and telephone line will be set up for po­­tential investors in Iskandar Water­front Holdings Sdn Bhd (IWH).

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China Press, 17 February 2012 – Dijaya Tropicana Foundation Donates RM225,000 to 15 Charity Organisations

China Press, 17 February 2012

Property developer Dijaya Corporation Berhad hosted its fifteenth anniversary group luncheon yesterday.

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The Star, 15 February 2012 – Penang, Johor growth spurs Dijaya

The Star, 15 February 2012

PETALING JAYA: Dijaya Corp Bhd wants to build up its market presence in Johor and Penang, and expects to see a bigger contribution from the two growth markets.

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New Straits Times 13 February 2012 – 15 charity bodies get RM225,000 in aid

New Straits Times, 13 February 2012

DIJAYA Tropicana Foundation (Dijaya) recently donated RM225,000 to 15 charity organisations around Kuala Lumpur, Selangor and Negeri Sembilan.

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New Straits Times (Singapore), 13 February 2012 – Turning Johor Baru into $33.15 billion gem

New Straits Times (Singapore), 13 February 2012

Prime Minister Datuk Seri Najib Razak yesterday announced a RM200 million ($82.9 million) facilitation fund to kick-start the Iskandar Integrated Waterfront City (IIWC) project in Danga Bay here. He said the allocation would transform Danga Bay into a premier waterfront destination with features such as a cruise ship terminal, marina, fisherman's wharf, and tower blocks to house commercial offices, hotels, exhibition and convention centres, and residential properties.

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The Edge, 13 February 2012 – Week in Focus

The Edge, 13 February 2012

Week in Focus

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The Edge, 13 February 2012 – Week in Pictures

The Edge, 13 February 2012

Week in Pictures

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The Sun, 13 February 2012 – Top Shots of the Week

The Sun, 13 February 2012

Top Shots of the Week

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The Star, 13 February 2012 – Group donates money to 15 charity organisations

The Star, 13 February 2012

TO COMMEMORATE 15 years of growth and success, property developer Dijaya Corporation Berhad hosted their annual group luncheon with their staff and Tropicana Golf and Country Resort board of directors.

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Sin Chew Daily , 11 February 2012 – Dijaya Annual Group Luncheon Donates RM225,000 to 15 Charity Organisations

Sin Chew Daily , 11 February 2012

Property developer Dijaya Corporation Berhad yesterday hosted their annual group luncheon with their staff in the Tropicana Golf & Country Resort. During the luncheon, Dijaya Tropicana Foundation Chairman, Tan Sri Dato’ Danny Tan Chee Sing, donated RM225,000 to 15 charity organisations.

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Harian Metro 10 February 2012 – 15 charity bodies get RM225,000 in aid

Harian Metro, 10 February 2012

Yesterday, local property developer Dijaya Corporation Berhad (Dijaya) fulfilled its social responsibility to the needy by giving a donation of RM225,000 to 15 selected charities.

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New Straits Times, 10 February 2012 – Dijaya aims to launch RM1.1 billion worth of projects

New Straits Times, 10 February 2012

EXPANDING FOOTPRINT: Projects in the pipeline this year are within its flagship Tropicana project in Petaling Jaya as well as in Subang, Cheras, Johor Baru and Penang

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The Edge, 10 February 2012 – Dijaya moves on mixed projects

The Edge, 10 February 2012

Developer set to launch Tropicana Gardens, Golf Villas

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The Sun, 10 February 2012 – Dijaya aims for RM650–700 million property sales this year

The Sun, 10 February 2012

PETALING JAYA (Feb 10, 2012): Dijaya Corp Bhd aims to achieve RM650 million to RM700 million in property sales this year, with plans to launch properties with a total gross development value (GDV) of RM1.1 billion.

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INdesign, Issue 34 – Luxury At Its Best

INdesign, Issue 34

Exclusive and of grandeur designs, this pool villa is what all homes should aspire to be.

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Essenze, February 2012 – The Art of Giving

Essenze, February 2012

Helping society through philanthropy is at the heart of whatever Tan Sri Dato’ Danny Tan Chee Sing does. He tells how he learnt the art of giving and where he gets his entrepreneurial genes from.

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The Edge, 16 January 2012 – Over 85% of Tropez Residences’ Tower A sold

The Edge, 16 January 2012

Dijaya Corp Bhd sold over 85% of Tower A of its Tropez Residences in Iskandar Malaysia, Johor, within a month of its launch, the group announced on Jan 10.

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Utusan Malaysia, 12 January 2012 – Dijaya Corporation announced second phase of Tropez

Utusan Malaysia , 12 January 2012

Johor Bahru 11 Jan – Dijaya Corporation has launched the second phase of the Tropez Residences project after 85 percent of the Tower A residence, launched last month, was sold out.

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The Star, 11 January 2012 – Dijaya sees brisk sales of Tropez Residences apartments

The Star, 11 January 2012

KUALA LUMPUR: Dijaya Corp Bhd, which launched Tropez Residences in Iskandar Malaysia, Johor last month, has sold more than 85% of its Tower A within the first month.

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The Sun, 6 January 2012 – Pushing JB condo prices to new highs

The Sun, 6 January 2012

FRESH after launching Tower A of Tropez Residences in Tropicana Danga Bay, Johor Baru, last month, Dijaya Corporation Berhad with Iskandar Waterfront Sdn Bhd will this weekend launch the project's second tower.

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