REIT is acquiring three-storey hypermall building from Mydin Wholesale Cash and Carry Sdn Bhd for RM250 million cash

MBSB currently not actively in talks with any financial institutions on any sort of merger or acquisition

Project is in addition to the RM2 bil Penang Sentral transport hub in Butterworth

Mah Sing CEO Ng Chai Yong said the achievement is attributable to the group’s talented team

Pesona Metro said the project is for a duration of 29 months, beginning April 20 this year

Store expected to commence operations as a wholesale hypermarket in the third quarter of this year

Loke Realty had outlined a series of claims and relief from HPG in a suit filed in the Penang High Court on March 29, Hunza said

EPF has signed sale and purchase agreement with real estate investor and manager British Land to effect disposal of 9-storey property it acquired in 2010

Residential properties below RM500,000 accounted for 84% of sales in the sector

Majority of Gamuda Walk’s outlets are from the food and beverage segment, accounting for 31% to 32% of the retail space available