News by Sulhi Khalid

There will be 2,960 units of serviced apartments with built-ups of between 400 sq ft and 600 sq ft, as well as 252 units of apartments for existing owners and residents of Kampung Baru properties, as part of their entitlement under the terms and conditions of the project.

The group said the 18-month project will start on Feb 14. It did not disclose who awarded the project to the company.

In a statement on Friday (Jan 21), its president Tan Sri Soh Thian Lai said Malaysia needs progressive policies and laws to stand tall globally and shared that repressive and hostile laws which have not gone through proper regulatory risk impact assessment are going to be very damaging for the economy especially in the post-pandemic recovery period.

In a statement, BCorp said its wholly-owned subsidiary Berjaya Group Bhd has inked an agreement with Nanyang for the proposed disposal.

The property developer said Fuzi, 62, is replacing Top Glove Corp Bhd founder and chairman Tan Sri Dr Lim Wee Chai, who resigned from the Tropicana chairman post on Jan 11.

In a Bursa Malaysia filing on Friday (Jan 14), the construction group said the proposed acquisition will provide AZRB with the opportunity to utilise the industrial land to further expand its in-house production of precast concrete components as well as to serve as a store or depot for the group.

The counter is currently classified under the technology sector.

“Chin Hin's decision to increase its shareholdings in Solarvest is due to Solarvest’s prominent future earnings prospect and strong outstanding order books in the solar energy business.

The construction and property group said the project entails the development of 100 affordable houses and six single-storey shop lots on 11.55 acres of government land.

In a Bursa Malaysia filing on Monday (Dec 6), the group said the proposed acquisition will be funded by cash via internally generated funds and/or bank borrowings.