Teow Wooi Huat appears to have returned to Malaysia’s corporate scene. Stock exchange disclosure reveals that the businessman’s 519.5 acres land in Melaka has piqued the interest of Sand Nisko Capital Bhd to participate in a RM1.75 billion mixed-used development.
Noteworthy:
When: February 2023
There was a further recovery of property demand, ESG and M&A activities observed in 1Q2023, which served as the key driver in the KL office market.
Rafizi said the government is also committed to introducing “more RE programmes based on a willing buyer, willing seller basis” to induce private-sector participation.
The contract, spanning three years starting from June 1, 2023, was awarded by KVDT2’s main contractor Dhaya Maju Infrastructure (Asia) Sdn Bhd and is expected to be completed after 36 months from commencement.
Akmal said 80 out of the 92 projects had received the Certificate of Completion and Compliance (CCC).
“The bench declines to answer the questions, and we unanimously dismiss the appeal,” Tengku Maimun said.
Harbour-Link said that the acquisition of the leasehold lands shall be satisfied entirely by cash via its internally generated funds.
Jentayu Sustainables said it is now able to engage in discussions with other international players in the hydropower industry.
Axis REIT said it has issued a notice to terminate its lease agreement with Yongnam Engineering Sdn Bhd, which is a major tenant at the Axis Steel Centre @ SiLC, following the default.
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