Ho Hup Construction Company Bhd (KL:HOHUP) on Thursday said its subsidiary, Ho Hup Jaya Sdn Bhd, is offloading two floors in Ho Hup Tower to its substantial shareholder Insas Bhd, for RM13 million, with the proceeds to be used to repay borrowings and for general working capital.
Builder Tuju Setia Bhd (KL:TJSETIA) has bagged a contract worth RM264.07 million for the construction of serviced apartments in Cheras, Selangor.
TRX Residences has staked a prominent claim in the nation’s capital city’s skyline with its unmistakable curtain wall façade and skybridge. The newly completed serviced residence sits within Tun Razak Exchange (TRX), Kuala Lumpur’s new central business district and prime landmark.
In many countries, the government plays a leading role in providing affordable housing, either directly through the construction and management of public or social housing or indirectly through subsidising the private sector to build affordable housing.
The black-tie event, which was attended by nearly 600 agents and associates, saw 104 awards presented.
YNH Property Bhd (KL:YNHPROP) said the independent review of its joint venture (JV) and turnkey contracts is now expected to be ready by April 9.
Noteworthy:
When: December 2024
A massive gas pipeline fire erupted yesterday (April 1) in Putra Heights, Subang Jaya, displacing hundreds of residents and causing widespread devastation.
Kuala Lumpur Tower concessionaire Lim Seong Hai Capital Bhd (KL:LSH) said its unit LSH Service Master Sdn Bhd (LSHSM) has on Tuesday officially assumed the operation, management, and maintenance of the city’s landmark, which it said remains fully owned by the Malaysian government.
Kerjaya Prospek Property Bhd (KL:KPPROP) has proposed a rights issue of shares and redeemable convertible unsecured loan stocks (RCULS) to raise up to RM147.18 million, mainly to fund property development projects and repay loans.
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