MCT Bhd has acquired a 3.9-acre plot of freehold land in Taman Desa here for RM64.65 million to undertake a condominium project with an estimated gross development value of RM500 million.
Shareholders of YNH Property Bhd gave their nod for the disposal of Kiara 163 Retail Park here and AEON Seri Manjung in Perak for a total of RM422.5 million in cash to ALX Asset Bhd.
Noteworthy:
August 2022
Trading of Top Builders Capital Bhd’s shares will continue to be suspended on Bursa Malaysia, as the group failed to file its quarterly report for its second quarter ended Dec 31, 2022 (2QFY2023) by Feb 28 as required under the Main Market Listing Requirements.
While many would have reservations about starting a business during a recession, the founder of Firdaus & Associates Group of Companies, Datuk Firdaus Musa decided kick off his property firm anyway.
The global real estate company stated that the Juwai IQI Exponential Convention and the Juwai IQI Festival 2023 are “set to be the largest real estate events in Malaysia this year, with around 6,000 members from around the world expected to attend”.
Putrajaya has approved electric car maker Tesla’s application to import battery electric vehicles (BEVs) into Malaysia, establish a head office, a Supercharger network, as well as experience and service centres.
Sime Darby Property Bhd's (SDP) net profit for the fourth quarter ended Dec 31, 2022 (4QFY2022) surged 64.34% to RM103.15 million from RM62.77 million a year earlier, on the back of higher revenue.
The increase in the revenue was mainly attributed by higher progress billings across key projects in the Klang Valley and Southern Region as well as higher property sales achieved during the financial period ended Dec 31, 2022.
Noteworthy:
November 2022
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