News by shazni Ong

In a bourse filing dated May 11 on Singapore's stock exchange, Sim Leisure said it has entered into a theme park agreement in relation to the project management of the construction and the operation and maintenance of an environmentally sustainable ESCAPE theme park in Jalan Tanjung Tualang Batu Gajah, Perak.

Kein Hing’s wholly-owned subsidiary Kein Hing Thai Nguyen (Vietnam) Co Ltd (KHTV), has awarded the job to the contractor for the proposed construction of the factory on a piece of industrial land located at Diem Thuy Industrial Park, Phuc Binh District, in Vietnam.

According to Luxchem’s bourse filing, Luxchem Trading Sdn Bhd (LTSB), a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement (SPA) with Worldwide Emergency Assistance (Malaysia) Sdn Bhd to purchase the whole of Block N at Jaya One, Petaling Jaya.

In a statement, the REIT said it has inked a sale and purchase agreement (SPA) with Equalbase PTP Sdn Bhd (EPSB) to aquire the 1.55 mil sq ft property. EPSB is a unit of EQualbase Pte Ltd in Singapore and is in the business of developing and leasing warehouses.

Jentayu Sustainables had on Thursday (April 7) entered into a conditional Sale and Purchase Agreement (SPA) with Beacon ACM Sdn Bhd for the disposal of the property, according to its bourse filing on Friday.

Au was the founding managing director (MD) and editor-in-chief of The Edge Property Sdn Bhd, which owns the EdgeProp.my (previously known as TheEdgeProperty.com) weekly publication and www.EdgeProp.my — Malaysia's most relevant and empowering property portal.

The group said net profit dropped 32.54% to RM8.12 million from RM12.04 million in 3QFY21, as revenue fell 17.82% to RM81.67 million from RM99.39 million.

In a bourse filing on Thursday (March 17), Vizione said it has entered into a memorandum of understanding (MoU) with HWGE to explore cooperation in the potential venture.

Sunway said Berkshire through its branch in Singapore will issue a qualifying certificate bond of S$37.1 million (approximately RM114.39 million) that is 10% of the price of the land in Yew Siang Road, Singapore acquired by Hoi Hup Sunway Kent Ridge Pte Ltd (HHSKR), an associate company of Sunway, in favour of Singapore Land Authority (LDAU)

This is after Transport Minister Datuk Seri Dr Wee Ka Siong in his speech said that the government is looking for ways to integrate all the train lines in the Klang Valley — Mass Rapid Transit (MRT), Light Rail Transit (LRT), Monorail, Keretapi Tanah Melayu Bhd (KTM) and the East Coast Rail Link (ECRL).