News by TheEdgeMarkets.com

Notably, Country Heights has downsized the asset acquisition to a total of RM517 million, from RM544 million previously.

In a filing Monday (Dec 20), Haily said the project, located in Bandar Jaya Putra, Mukim Tebrau, was secured by its wholly-owned Haily Construction Sdn Bhd, which has accepted a letter of award (LoA) from RDC Arkitek Sdn Bhd on behalf of Austin Senibong Development Sdn Bhd to build 99 units of such shop offices, together with several power substations.

The group signed the letter of acceptance last Friday (Dec 17) for the supply, delivery, installation, testing, commissioning, operations and management of network infrastructure for PNB's new office at Merdeka 118.

“Tropicana Industrial Park is situated in a prime location and enjoys unparalleled connectivity. Investors will be pleased to know that we provide a whole host of infrastructure, conveniences, and facilities. We are confident the plots will see swift take-up,” Lee added. 

"During my time as prime minister, we terminated the agreement with Singapore for the construction of the HSR on the basis of national sovereignty," the Bersatu president said in his speech at the party's annual general meeting.

“twentyfive.7 is the new heartbeat in Kota Kemuning and today (Friday) marks an achievement for us as we witness the topping-out ceremony of The Amber Residences. When we get the places right, the town works and this translates into mindful planning that has been put into bringing together key components to give the township a unique personality,” said Gamuda Land chief executive officer Ngan Chee Meng in his keynote speech at the topping-out ceremony.

“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.

According to a statement on Friday (Dec 17), Mah Sing founder and group managing director Tan Sri Leong Hoy Kum shared that they are proud to have managed to keep their promise for vacant possession, targeted for the fourth quarter of 2021.

The contract is to design and build a water pumping station, and water pumping mains to the existing Bukit Lipat Kajang reservoirs, distribution and associated works (Package 2), the company said in a bourse filing.

The revised outlook is based on the weakening in IOI Properties’ debt metrics due to the swell in borrowings to an expected RM157.7 billion from RM11 billion as at end-June 2021 (FY21), said MARC analysts Lim Wooi Loon, Umar Abdul Aziz and Taufiq Kamal in a statement.