Bandar Malaysia to compensate Sim Leisure for scrapping theme park deal
Bandar Malaysia Sdn Bhd, the state-owned developer of the eponymous project, has agreed to pay compensation as settlement for scrapping a deal to develop Escape theme park.
Eco World Foundation advances education with ‘Knowledge Capsule’ for Kapar school
The Eco World Foundation today handed over a newly completed “Knowledge Capsule” to SJKC Ying Wah Kapar, a mini library and multipurpose activities pod aimed at fostering the reading habit and lifelong learning among students.
DXN says Burj Khalifa apartment purchase aimed at hosting top distributors under reward programme
DXN Holdings Bhd (KL:DXN) said its proposed acquisition of an apartment unit at the Burj Khalifa skyscraper in Dubai is part of the multi-level marketing company's sales motivation scheme aimed at rewarding top-performing distributors.
Citaglobal to undertake industrial park project in Pahang on its own as it exercises RM90m land buy option
Citaglobal Bhd (KL:CITAGLB) will develop an industrial park project in Pahang on its own after exercising an option to acquire the land for RM90 million in cash and irredeemable convertible preference shares from its joint venture (JV) partner.
Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 1,442 sq ft
- 3 bedrooms, 2 bathrooms
- Fully-furnished
- Nearby amenities: Pavilion Kuala Lumpur, Suria KLCC, Petronas Twin Towers, Tung Shin Hospital and Prince Court Medical Centre, Bukit Bintang Plaza
- Accessibility: Accessibility: Jalan Pudu, Jalan Raja Chulan, Jalan Sultan Ismail, Jalan Imbi, Jalan Tun Razak, Federal Route 1, AKLEH, MRR2
When: April 2025
Classita to sell non-core assets to fund multi-site property projects as NexG Bina
NexG bought a 32.61% stake in Classita for RM76.78 million, targeting its loss-making property and construction business, which includes a CIDB G7-certified unit able to handle large, complex construction projects.
Paragon Globe unveils Johor’s first GreenRE Silver-certified worker hostel
The PGB Hostel Pekan Nanas, developed and managed by its wholly owned subsidiary Paragon Bizhub Sdn Bhd, is also the first purpose-built hostel in Pekan Nanas.
Bina Puri signs pact with Korea’s Hanil, eyes job to build RM220m Sarawak plant
Hanil, which manufactures water pumps and household appliances such as humidifiers and blenders, may invest RM220 million to develop a manufacturing plant in Sarawak as part of its expansion into Southeast Asia.
MRCB buys EPF’s 80% stake in Bukit Jalil Sentral project for RM1.58b, explores data centre development
BJSP was set up to develop the 76.14-acre Bukit Jalil Sentral project, valued at RM21 billion. MRCB said the buyout comes as it reviews the approved mixed development plan from November 2020.
Inta Bina secures RM66.5m housing construction job from Eco Majestic
The development will have two phases and include two-storey semi-detached, semi-detached and two-storey terrace houses.
