Tropicana Corp Bhd unveiled its 163-acre Lido Waterfront Boulevard in Johor on Oct 30, kicking it off with an official groundbreaking ceremony with its main contractor, China State Construction Engineering Corp (CSCEC) for its first phase branded residence with Banyan Group, the Skypark Kepler.

An allocation of more than RM100 billion is required to implement various developments planned in Sarawak under the 13th Malaysia Plan (13MP), said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Bintai Kinden Corp Bhd (KL:BINTAI) said Universiti Islam Melaka Bhd (UIMB) has committed to a structured repayment plan amounting to RM13.5 million to be paid to the former's wholly owned subsidiary Optimal Property Management Sdn Bhd (OPM) under an extended interim settlement proposal (EISP) agreement.

Ireka Corp Bhd (KL:IREKA), a Practice Note 17 (PN17) construction company, said its external auditor has expressed a disclaimer of opinion on the company’s audited financial statements for the financial year ended June 30, 2024 (FY2024).

Haily Group Berhad (KL:HAILY) has secured a contract worth RM65 million for the construction and completion of a housing project in Tebrau, Johor.

Sunway Construction Group Bhd (KL:SUNCON) has been awarded additional tenant improvement works (TIWs) for its data centre construction project at the Sedenak Tech Park (STeP) in Johor for RM347 million.

Senai Airport City Sdn Bhd (SACSB), a member of MMC Group, is selling approximately 15.06 acres of industrial land located in the Senai Airport City Free Industrial Zone in Johor to Taiwan-based Chenbro Micom Co Ltd.

AME Elite Consortium Bhd (KL:AME) is working together with Kuala Lumpur Kepong Bhd (KL:KLK) in a joint venture (JV) to develop a new industrial park in Ijok, Selangor.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• Land size: 4,850 sq ft
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, HELP University, Pavilion Damansara Heights, The Five @ KPD, Cempaka International School Damansara Heights
• Accessibility: SPRINT, LDP, Federal Highway, Lebuhraya Sultan Iskandar, Jalan Tuanku Abdul Halim, Jalan Damansara, Jalan Semantan

When: October 2024

Property developer IGB Bhd (KL:IGBB) plans to raise up to RM5 billion by establishing a medium term note (MTN) programme to finance the general corporate purposes of the group.