Ewein buys 3.9ha land in Seberang Perai for RM39.8m
The property developer is buying the land through its indirect wholly-owned subsidiary SkyDorm Sdn Bhd, which is principally involved in construction and letting of industrial properties.
UEM Sunrise: Land deal with Melati Ehsan beneficial as we can monetise asset while keeping control of development rights
UEM Sunrise Bhd, which is selling a 4.01-acre plot in Kiara Bay here to Melati Ehsan Holdings Bhd in a related-party-transaction (RPT), said the deal enables the group to monetise the land at its current market value while allowing it to retain control over the land's development via a development rights agreement (DRA) it has also inked with Melati Ehsan.
Axbena withdraws RM28 mil suit against Bintai Kinden’s unit after settlement
Axbena Sdn Bhd has decided to drop the RM27.7 million lawsuit against Johnson Medical International Sdn Bhd (JMI), an indirect subsidiary of Bintai Kinden Corp Bhd, after the parties involved reached an amicable settlement resulting in the resolution of the dispute.
To improve access to housing, govt to shift focus from ownership to rental
“A new rental tenancy regulation will be introduced to promote rental as an alternative to home ownership.”
ECM Libra to buy beachfront land in Johor to grow hospitality segment
ECM Libra Group Bhd is to acquire two pieces of beachfront land in Johor for an aggregate RM36.86 million for future hospitality developments.
Aneka Jaringan plans another private placement to fund projects
Just over a month after completing a private placement exercise earlier this year, Aneka Jaringan Holdings Bhd has proposed to undertake another such cash call to raise RM15.51 million to fund its ongoing construction projects.
Pavilion REIT signs deals to power Pavilion KL, Intermark and Pavilion Bukit Jalil with RE
Pavilion Real Estate Investment Trust (Pavilion REIT) plans to purchase renewable energy (RE) under the Corporate Green Power Programme (CGPP) to power its malls.
Ireka partners property developer for RM310m GDV mixed development
The project entails 22- and 23-storey towers that will consist 661 units of serviced apartments, 48 units of retail and 114 units of office space.
Titijaya Land says booked RM14m impairment from unit's winding up in 4QFY2023
According to a prior filing, Renofajar received a winding-up order dated August 4 issued by the High Court of Sabah and Sarawak on Aug 28.
MBSB sues Country Heights over RM89.7m default
MBSB Bank Bhd is suing Country Heights Holdings Bhd, following its default on the payment of Islamic term financing facilities totalling RM89.67 million, to recover the sum owed.
