Ageson’s RM279m industrial land disposal called off
The agreement, which proposed AHSB to build 33 industrial lots with a gross development value of RM278.78 million, was mutually terminated by the pair.
The agreement, which proposed AHSB to build 33 industrial lots with a gross development value of RM278.78 million, was mutually terminated by the pair.
The PSI reclamation project, as indicated earlier by the government, will be slashed by 49% with the cancellation of Island B and Island C.
Sentral REIT's net property income for the first quarter ended March 31, 2023 (1QFY2023) declined 4.03% to RM29.3 million, from RM30.5 million a year earlier.
Impiana Hotels Bhd has proposed to acquire a 70% equity interest in Cafelink (M) Sdn Bhd in its bid to expand its food and beverages (F&B) footprint outside of the group’s existing F&B business offerings.
Kimlun Corp Bhd has bagged two construction contracts worth RM94.5 million pertaining to main building works for 78 units of shop offices and a shopping mall with facilities in Johor Bahru.
Yong Tai Bhd saw the emergence of its new largest shareholder after Domain Capital Sdn Bhd acquired 90 million shares representing a 23.8% stake in the property developer.
Little-traded IGB Bhd's share price hit a record high of RM3.10 in March while the company has mopped up more shares under its share buyback scheme.
Teow Wooi Huat appears to have returned to Malaysia’s corporate scene. Stock exchange disclosure reveals that the businessman’s 519.5 acres land in Melaka has piqued the interest of Sand Nisko Capital Bhd to participate in a RM1.75 billion mixed-used development.
There was a further recovery of property demand, ESG and M&A activities observed in 1Q2023, which served as the key driver in the KL office market.
Rafizi said the government is also committed to introducing “more RE programmes based on a willing buyer, willing seller basis” to induce private-sector participation.