SMRT Holdings Bhd is acquiring eight adjoining units of four storey terrace shop and office properties located in Kota Kinbabalu, Sabah for RM14.7 million, partly for future rental income and potential capital appreciation.
"The issues we face here in Malaysia are not uncommon with some of the other member countries."
The contract is to build a proposed glove factory in the Petchem Industrial Park, Tanjung Kidurong, Bintulu, Sarawak (Sarawak Medical Innovation and Technology Hub).
Public Bank Bhd and Sunway Integrated Properties Sdn Bhd (Sunway Property) have signed a memorandum of understanding (MOU) to collaborate on sustainable development projects.
Chief financial officer Syed Agil Syed Hashim, who was only appointed last Monday (Aug 29), is appointed as the acting group CEO to assume the day-to-day management.
Al-'Aqar Healthcare REIT has acquired three hospitals from KPJ Healthcare Bhd for RM192 million, to be paid in cash and new shares.
Pasukhas Group Bhd's wholly owned subsidiary, Pasukhas Sdn Bhd, has been awarded a contract for the supply, execution and completion of a data centre in Cyberjaya.
Poh Kong Holdings Bhd is acquiring two three-storey shoplots from The Lotus Corp Bhd for RM11.35 million in the Petaling Jaya New Town area.
Core Precious Development Sdn Bhd is confident of achieving a 100% sales rate for Tower 1 and Tower 2 of its Core Residence @ Tun Razak Exchange (TRX) development in Kuala Lumpur before the project handover by end-2023.
AME Real Estate Investment Trust’s (AME REIT) initial public offering (IPO) for the Malaysian public portion was oversubscribed by 2.46 times.
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