News by EdgeProp

7-Eleven unit pays RM19m for Seri Kembangan land to build food commissary

Eleven Malaysia Holdings Bhd (SEM) is pushing upstream into food production, with its 60%-owned subsidiary QVI Foods Sdn Bhd signing a Sale and Purchase Agreement (SPA) yesterday to acquire a parcel of freehold agricultural land in Seri Kembangan, Selangor for a cash consideration of RM19 million, or approximately RM205 psf, according to its announcement on Bursa Malaysia.

29 April, 2026

Avaland pays RM86m for Taman U-Thant land, targets RM700m GDV luxury high-rise

Avaland Bhd is expanding its footprint in Kuala Lumpur's luxury residential segment, with its indirect wholly-owned subsidiary Nexus Advertising Sdn Bhd (NASB) signing a conditional sale and purchase agreement (SPA) yesterday (April 28) to acquire three adjoining parcels of freehold development land in the prestigious Taman U-Thant embassy enclave for RM86,039,000, according to its announcement on Bursa Malaysia.

29 April, 2026
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