News by theedgemarkets.com

In a media statement, S P Setia president and CEO Datuk Choong Kai Wai said he is confident with the success of the new venture, given the ageing population in Malaysia and the need for such services to be conveniently accessible in established townships housing multi-generational families like Setia Alam.

A three-member Federal Court bench had on Wednesday granted KAJ an adjournment till May 19, 2022 to hear the company's application for permission to appeal against the Court of Appeal's decision in 2021 to reject its application for permission to initiate a judicial review to challenge the Melaka state government’s move to terminate its agreement with KAJ involving land reclamation with the Straits of Malacca for the Melaka Gateway project.

The office space to house Carsome’s expanded headquarters will be built and managed by Colony, said the coworking space provider, adding that Carsome has been one of its anchor tenants in Colony@Mutiara Damansara since 2019.

According to an advertisement in StarBiz on Wednesday (Feb 9), the sale of the building is being conducted via expression of interest.

“Genting SkyWorlds Theme Park is officially open!” RWG said in an update on Facebook.

The group, through its 80%-owned subsidiary NS Aero City Sdn Bhd, signed the MoC with Sun Solutino, which is principally involved in the generation of electricity by other sources (such as solar power and biofuels) with transmission, distribution and sale of electricity as its secondary activity.

According to a statement on Monday (Jan 31), Phase 1 of Dayana 2 has 93 units with a gross development value is RM41.7 million. The Dayana 2 double-storey linked homes are priced from RM517,888 and come with four bedrooms and three bathrooms, with built-up areas ranging from 1,764 to 1,846 sq ft. 

The developer announced an increased sales target of RM1.5 billion for 2022, with plans to launch projects worth RM3.3 billion in gross development value (GDV) totalling 3,526 units, which include activating the 1.3-acre site in Collingwood, Melbourne that was acquired back in 2020 to launch a mixed-development project with an estimated GDV of A$250 million (RM734.84 million).

Public Investment Bank Bhd analyst Eltricia Foong, who attended Genting SkyWorlds' sneak peek, wrote in a note on Friday that "after multiple delays” due to Covid-19 pandemic-driven disruptions, "the wait is almost over" as the theme park is finally scheduled to open its doors to the public in February 2022.

According to the developer in a statement, this is to continue its efforts to assist Malaysians in owning affordable-range properties under the ongoing “LIFT OFF with Mah Sing” sales campaign.