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Sunway REIT to dispose of Sunway Hotel Seberang Jaya for RM60m

Sunway Real Estate Investment Trust (REIT), through its trustee RHB Trustees Bhd, has entered into a conditional sale and purchase agreement (SPA) with Sunway Medical Centre Penang Sdn Bhd for the disposal of the Sunway Hotel Seberang Jaya property in Penang for a total cash consideration of RM60 million.

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Advancecon accepts RM25.1 mil worth of work from Sime Darby Property

Advancecon Holdings Bhd announced today that its wholly-owned subsidiary, Advancecon Infra Sdn. Bhd. (AISB), has accepted two Letters of Acceptance (LOAs) from Sime Darby Property (Bukit Raja) Sdn Bhd for the execution of earthworks and other related works at Bandar Bukit Raja 2, located in Kapar, Klang, Selangor.

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