Property developer GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, is undertaking a comprehensive review of its land bank to maximise its land use value.
Sime Darby Property Bhd has raised RM800 million in its third sukuk (Islamic bond) sale under a RM4.5 billion programme.
The government is mulling measures to counter the US tariff threat. The Housing and Local Government will do its part with a possible Home Ownership Campaign.
Currently, there are no acquisitions on the table, said its CEO Datuk Mohd Salem Kailany, who was appointed to the board in November last year.
It has also extended Fong’s suspension pending his response to queries on financial transactions and personal conduct.
The property, which includes six levels of elevated parking, sits on leasehold land expiring on Jan 30, 2073.
Earnings per share increased to 4.80 sen from 1.85 sen.
Beihai Asia International Arbitration Centre (BAIAC) and Country Garden Pacificview Sdn Bhd have inked a MoU on the proposed establishment of the platform.
Urusharta Jamaah disposed of all 11.35 million shares — representing a 6.84% stake in the construction firm — last Wednesday.
The land covers approximately 6.03 hectares (14.91 acres).
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