Asian Pac to sell Semenyih land for RM87.7 mil to fund developments, cut debt
Property developer Asian Pac Holdings Bhd (KL:ASIAPAC) has proposed to dispose of a 35.72-hectare freehold land in Semenyih, Selangor for RM87.69 million cash.
Property developer Asian Pac Holdings Bhd (KL:ASIAPAC) has proposed to dispose of a 35.72-hectare freehold land in Semenyih, Selangor for RM87.69 million cash.
Noteworthy:
When: June 2025
Scientex Bhd posted a 13.6% rise in net profit to RM154.3 million for the fourth quarter ended July 31, 2025 (4QFY2025), from RM135.9 million in the corresponding period last year.
Advancecon Holdings Bhd’s (KL:ADVCON) unit has won a RM66.9 million contract from JLG Technopark to carry out earthworks and related tasks for phase one of Southern Ibrahim Technopolis (IBTEC) in Kulai, Johor.
Ilham Tower Sdn Bhd and Ilham Baru Sdn Bhd that operate the iconic 60-storey Ilham Tower, located on prime land in the city centre, have filed an originating summons (OS) to bar its company secretary from sharing information about the companies with the Malaysian Anti-Corruption Commission (MACC).
The AREA Group said it will continue to provide advisory services to a collaboration that creates bilateral cooperation and ecosystem frameworks for the implementation of the US$20 billion (RM83.83 billion) China-Malaysia “Two Countries, Twin Parks” initiative by the Shenzhen Government Procurement Association (SGPA).
UEM Sunrise Bhd recorded full take-up of the newly launched Aspira Hills Phase 2A and 3A within 48 hours.
Housing and Local Government Minister Nga Kor Ming has called on Asean and China to strengthen collaboration in sustainable urban development by combining digital innovation with cultural preservation.
Noteworthy:
When: August 2025
The Central Lake is one of Park Regent’s main pull factors and the key design objective of this project is to bring nature into every strata of the development, starting from the ground, all the way to the roof. It is like living in a bungalow in the sky yet close to nature