News by theedgemarkets.com

The 19.24-acre KAIA Heights will feature four towers with a total of 924 residential units. The leasehold development will be launched in two phases. Phase 1 (Towers A — 30 storeys and B — 31 storeys with a total of 517 units) was launched in May last year and has achieved a take-up rate of 50%, while Phase 2 (Towers C — 28 storeys and D — 27 storeys with a total of 407 units) will be launched at end-2022.

In a statement, BCorp said its wholly-owned subsidiary Berjaya Group Bhd has inked an agreement with Nanyang for the proposed disposal.

The property developer said Fuzi, 62, is replacing Top Glove Corp Bhd founder and chairman Tan Sri Dr Lim Wee Chai, who resigned from the Tropicana chairman post on Jan 11.

In a bourse filing, the property developer said it plans to issue between 588.87 million and 693.95 million warrants on a date to be announced later. The exercise price of the warrants will also be determined later.

The record performance was attributed to its sales in Singapore, although Sunway Property managing director Sarena Cheah said the group saw commendable sales across all segments.

“In revitalising the area’s landscape and vibe, we envision the beginning of a progressive urban regeneration. Skyline KL is designed with four towers and offers five layouts. The project’s location and facilities promise a convenient lifestyle. It offers young urbanites a genuine ‘affordable luxury’ opportunity,” said TSLAW Land executive director Law Wai Cheong.

According to a statement on Monday (Jan 17), Lulu Grocer is a full-fledged supermarket selling fresh food and imported products from the UK and US that come directly from Lulu Group's sourcing companies around the world. 

It is Mitsui Fudosan's first LaLaport mall in Southeast Asia, which is under its Malaysian subsidiary MFBBCC Retail Mall Sdn Bhd — a company among UDA Holdings Bhd, Eco World Development Group Bhd and the Employee Provident Fund.

In a Bursa Malaysia filing on Friday (Jan 14), the construction group said the proposed acquisition will provide AZRB with the opportunity to utilise the industrial land to further expand its in-house production of precast concrete components as well as to serve as a store or depot for the group.