Prestariang acquires eight properties for RM25.5 mil
Prestariang Bhd has proposed to acquire eight properties at Star Corporate Park, Star Central@Cyberjaya for RM25.5 million, to accommodate its future expansion plans.
Prestariang Bhd has proposed to acquire eight properties at Star Corporate Park, Star Central@Cyberjaya for RM25.5 million, to accommodate its future expansion plans.
The disposal, according to the filing, was done on Jan 20, 2017 via “a private arrangement”.
IGB REIT reported stronger sequential earnings in 4QFY2016 which grew 2% quarter-on-quarter to RM70.3 million.
Move will split the conglomerate into three listed entities.
In a technicals note today, the research house said should RM1.74 resistance level be broken, it may continue to lift price higher to the next resistance levels of RM1.80 and RM1.87.
In a note today, the research house said it was positive on the move, as the planned spin-offs allow Sime to crystalise values of its businesses.
Sunsuria Bhd has opened Block B, the final block at The Olive condominium project at Sunsuria City in Salak Tinggi, Selangor, for sale following good response to the earlier blocks.
The property comprises a 45,000 sq ft piece of leasehold land rated at RM1,100 per sq ft and a single-storey detached factory.
This is on the back of Beijing’s tightened controls to curb property price growth.
Advance Information Marketing Bhd (AIM) has decided not to proceed with the purchase of an arcade shoplot unit in Kota Kinabalu, Sabah from private property developer Sunsea Development Sdn Bhd.