KUALA LUMPUR (April 18): Boustead Properties Bhd, a wholly-owned subsidiary of conglomerate Boustead Holdings Bhd launched the first phase of its new township, Mutiara Hills in Semenyih, Selangor on April 10. 

Mutiara Hills was previously a palm oil plantation named Balau Estate, which was owned by Boustead Plantations Bhd. Due to be completed in 2027, the 1,200-acre mixed-use township will offer residential and commercial units, as well as a business hub.