News by Izzul Ikram

Another new substantial shareholder has emerged in Jiankun International Bhd after subscribing for shares representing a 7.7% stake in the real estate developer via a private placement.

Sime Darby Bhd has proposed the sale of another parcel of land in Malaysian Vision Valley (MVV) as part of its move to monetise its assets in the Negeri Sembilan-based economic region.

After returning to the black in the second quarter ended June 30, 2022 (2QFY22), Bina Darulaman Bhd (BDB) said that it is a must for the group to post a profit for the full financial year.

Kedah-based property developer Bina Darulaman Bhd (BDB) is planning to potentially diversify into the agriculture, renewable energy and telecommunications (telco) sectors to capitalise on the respective sectors’ resilience.

National mortgage corporation Cagamas Bhd has entered into an agreement with the Asian Development Bank (ADB) towards expanding the green mortgage market to include B40, M40 and female-headed households.

KSL said the plot will be used for a residential development project to further enhance its presence in the property market in Johor.

Parkson Holdings Bhd's 54.97%-owned subsidiary, Parkson Retail Group Ltd (PRG), is to sell commercial properties with an aggregate construction area of 76,013 square metres in Qingdao, China for 280 million yuan (RM182 million).

Trive Property Group Bhd announced that it has cut off talks with Syarikat Perumahan Negara Bhd (SPNB) in relation to being a turnkey contractor for an affordable housing project amounting to RM1.1 billion in gross development value (GDV).

Iskandar Waterfront City Bhd (IWCity) has appointed Messrs Crowe Malaysia PLT as its new external auditor.

Lagenda Properties Bhd has joined hands with the Selangor government to develop the first large-scale landed affordable township within the state known as Bernam Jaya.