Noteworthy:
When: February 2025
Agreements have been signed for Matrix to acquire a 50% stake in Horizon L&L Sdn Bhd, the entire equity stake in Exoland Property Management Sdn Bhd, and 30% of Horizon L&L (SEL) Sdn Bhd for RM77.9 million cash.
The properties, each consisting of a three-storey shopoffice building with a land area of approximately 163 sq m, have an audited net book value of RM1.77 million each as of Dec 31, 2023.
Castaldi joined Sunway in 2017 as general manager of The Banjaran Hotsprings Retreat.
Nga indicated that there are only 594 licensed firms practising property management, serving 2.91 million strata units in the country.
The job could produce about RM29 million net profit over the next three years based on its usual margins, analysts said.
The police report was filed on April 1, as LSHSM was unable to take over the operations of the iconic tower from Hydroshoppe and its subsidiary MKLSB,
During the suspension period, executive deputy chairman Datuk Paduka Ammar Shaikh Mahmood Naim will assume full authority over the company's operational and managerial matters,
Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Monday that it has secured a contract worth RM291.43 million for construction works in Pulau Andaman, Penang.
Incremental housing may sound affordable, but it doesn’t work in high-rises, says National Housing Department director-general Datuk Jayaselan K Navaratnam, urging policymakers to rethink land use and long-term value in urban planning.
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