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Solid Automotive Bhd (KL:SOLID) said it is acquiring 4.69 acres of freehold land in Klang from Top Glove Corp Bhd (KL:TOPGLOV) for RM15.92 million.

Noteworthy:

• Freehold
• Built-up size: 3,500 sq ft
• Land size: 9,100 sq ft
• 5 bedrooms, 4 bathrooms
• Unfurnished
• Nearby amenities: MRT Pusat Bandar Damansara, MRT Semantan, Pavilion Bukit Damansara, Stella Maris International School, Cempaka International School
• Accessibility: SPRINT Damansara, Kerinchi, and Penchala Links, Federal Highway, NPE, LDP, Jalan Damansara

When: September 2024

Mara Inc and ACE Market-listed Privasia Technology Bhd (KL:PRIVA), a business process outsourcing company, are teaming up to develop and operate a data centre in Bagan Datuk, Perak.

EcoWorld International recorded a narrower loss before tax of RM12.1 million in 4Q2024 compared to loss before tax of RM36.9 million in 4Q2023, the group stated in a media release today on its results for 4Q2024.

The Real Estate and Housing Developers’ Association (REHDA) Malaysia views the retraction of Construction Industry Development Board’s (CIDB) Quality Guidebook for Homeowners as a wise move.

S P Setia Bhd has unveiled its latest phase of freehold, single-storey terraced homes Setia Suria at its 1,961-acre township of Setia Fontaines in Kepala Batas, Penang.

Gamuda Bhd (KL:GAMUDA) is acquiring a 20% stake in Cloud Space Sdn Bhd, a Google Cloud premier partner, for RM18 million.

Power Root Bhd (KL:PWROOT) said it is purchasing 3.48 million square feet of agriculture land in Johor for RM19.99 million in cash.

PGF Capital Bhd (KL:PGF) is acquiring two parcels of freehold land, totalling approximately 9.608 acres in Kulim Hi-Tech Park, Kedah, for a mixed development project — that will include a condominium, hotel, serviced residences, and several commercial elements — with a gross development value (GDV) of RM600 million.