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Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project

Paramount to acquire 2.62-acre freehold land in Putrajaya for RM40 mil, plans RM323 mil project

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Updated:
  • Paramount Corporation is acquiring 2.62 acres in Putrajaya for RM40 million to develop a residential project.
  • The site is near Putrajaya Sentral Station, enhancing its appeal for transit-oriented development.
  • This acquisition is expected to positively impact future earnings and add to Paramount's existing GDV of RM5.04 billion.
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Evolving with the tide: How real estate family offices can navigate the shift from developer to institutional investor

Evolving with the tide: How real estate family offices can navigate the shift from developer to institutional investor

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Updated:
  • Malaysia's private wealth deployment landscape is undergoing a structural transformation.
  • A modern family office operates in a diversified, liquidity aware environment.
  • The evolution from property developer to sophisticated asset manager cannot be rushed.
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Selangor eyes September groundbreaking for Carey Island port, reviews potential operators

Selangor eyes September groundbreaking for Carey Island port, reviews potential operators

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Updated:
  • Selangor is ready to break ground on the proposed third port terminal on Carey Island as early as September.
  • Regulatory approval is the final hurdle before construction can begin.
  • The state government will oversee the project and hold an equity stake.
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KL City Gateway partners Maple Hospitality to manage Sutera Suites

KL City Gateway partners Maple Hospitality to manage Sutera Suites

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Updated:
  • KL City Gateway appointed Maple Hospitality Group for Sutera Suites management.
  • Sutera Suites is the first development within the KL City Gateway masterplan.
  • Sutera Suites offers fully furnished serviced suites in Kuala Lumpur.
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Ajinomoto Malaysia’s property pivot from urban KL to Seremban industrial

Ajinomoto Malaysia’s property pivot from urban KL to Seremban industrial

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Updated:
  • Ajinomoto (Malaysia) Bhd proposes a RM20/share privatisation after a major asset transformation.
  • The company sold its urban industrial property for RM408 mil, relocating to a modern manufacturing campus.
  • Ajinomoto's new facility sits within the Bandar Enstek Halal Hub on approximately 18.6 ha of freehold land.
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PRG Holdings seeks to wind up firm linked to largest shareholder over RM64m project dispute

PRG Holdings seeks to wind up firm linked to largest shareholder over RM64m project dispute

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Updated:
  • PRG Holdings will wind up a company linked to its largest shareholder over alleged outstanding payments.
  • The shareholder then demanded RM21.22 mil from PRG.
  • He has given the group 21 days to settle the amount.
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Titijaya Land discloses RM2.28 mil outstanding loans at moneylending unit

Titijaya Land discloses RM2.28 mil outstanding loans at moneylending unit

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Updated:
  • Titijaya Capital had RM2.28 mil in outstanding unsecured loans to individuals.
  • RM1.60 mil of these loans were in default, representing 70% of total net loans.
  • The largest facility had a limit of RM1.5 mil, with principal outstanding of RM1.33 mil.
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LSH Capital gets another extension to sign RAC land development deal

LSH Capital gets another extension to sign RAC land development deal

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Updated:
  • The company said RAC agreed to extend the deadline for signing the agreement to July 15, 2026.
  • The agreement relates to the proposed development of two parcels of land in Selangor.
  • All other terms remain unchanged.
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Ge-Shen clarifies Johor land disposal terms, expects RM12.63 mil gain

Ge-Shen clarifies Johor land disposal terms, expects RM12.63 mil gain

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Updated:
  • Ge-Shen Corp Bhd plans to sell five land parcels in Johor Bahru.
  • The sale includes a 7.26% discount for a quick, certain transaction.
  • This disposal is expected to yield a RM12.63 mil gain for the company.
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Hartanah Kenyalang unit wins RM283.9 mil contract for Wisma JKR Sarawak

Hartanah Kenyalang unit wins RM283.9 mil contract for Wisma JKR Sarawak

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Updated:
  • Hartanah Kenyalang Bhd secured a RM283.9 mil contract.
  • Its subsidiary will build Wisma JKR Sarawak.
  • This project is expected to boost earnings.
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