DNR: Dijaya lines up more projects for 2013

Dijaya Corporation 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. Its executive director Kwong Wai Seng said the projects are spread over the Klang Valley, Penang, Johor and Sabah. Most of Dijaya's projects in the pipeline are serviced apartments or smaller-sized units priced at RM 500,000 and below following the current trend for affordable homes and the central bank's tighter loan guidelines.