The dispute pertains to Vienna Advantage’s alleged failure to supply and implement enterprise resource planning and related services agreed upon under various agreements inked between July 2019 and November 2023. 

This came after Tiong converted warrants into 2.6 million shares or a 0.42% stake on Jan 28.

The real estate developer said the higher NPI was driven by nine newly acquired properties during the year under review, although it was partially offset by a higher finance cost of RM6.9 million from higher borrowings.

The proposed disposal of the Capri on Via Roma property for A$85.5 million (RM233.42 million) is part of Mulpha International's capital recycling initiative aimed at strengthening its cash flow and streamlining its asset portfolio.

The contract will commence on Feb 12, 2025, and span over 36 months, AZRB said.

Wisma Majujaya Sdn Bhd has obtained a summary judgement from the High Court on Monday over its RM28.1 million suit filed against Bina Puri Holdings Bhd (KL:BPURI), its subsidiary Bina Puri Properties Sdn Bhd, and its director Tan Sri Tee Hock Seng.

A few prime developers won notable and multiple awards at the Malaysian Institute of Planners (MIP) Planning Excellence Awards (MIPPEA) for 2024 held recently.

Miclebina Group of Companies has launched Santorini@Botani Ipoh (Pangsapuri Rafflesia), a Santorini-inspired residential project in Bandar Botani, Ipoh, under the Perakku Home Ownership Scheme.

The Klang Valley property market experienced an upward trend in 2024, with prices appreciating by more than 3% year-on-year (y-o-y). Batu district, home to prestigious neighbourhoods like Mont’Kiara and Desa Park City, emerged as a top performer, with serviced apartments witnessing an impressive price surge of almost 20%.

AwanBiru Technology Bhd (KL:AWANTEC) is disposing of an eight-storey office and retail building in Cyberjaya to tenant Puncak Hartanah Intelek Sdn Bhd for RM25 million.