LBS brings Cameron Highlands project closer to Klang Valley with new sales gallery
Centrum Iris is the latest phase of the Cameron Centrum township, featuring 705 residential and 26 commercial units with a gross development value of RM472 million.
Hong Leong Bank chairman Quek Leng Chan no longer substantial unitholder of AME REIT
Following the sale, the Hong Leong Bank Bhd (KL:HLBB) chairman's interest in the industrial-focused REIT is estimated to have fallen to 23.
AME REIT's net property income up 11.5% on new acquisitions, higher rental rates
As at June 30 this year, AME REIT’s portfolio comprises 39 investment properties, including 36 industrial properties with a total agreed lettable area of 2.
LBS launches RM472m Centrum Iris, Cameron Highlands’ largest mixed project
The unveiling of Centrum Iris establishes a new benchmark for integrated highland living in Malaysia.
Berjaya Land sells 80% stake in Vietnamese property developer for RM202m
The group said its wholly-owned subsidiary, Berjaya Leisure (Cayman) Ltd, is divesting the 80% stake in Berjaya-Handico12 Co Ltd (BHandico12) to two Vietnamese firms, namely Dong Thinh Phat Land JSC and Green Hill Construction Investment JSC.
AME Elite’s 4Q net profit rises 40% on strong construction revenue
All other segments recorded revenue growth except for the engineering services segment, which declined due to progression in the completion stage of ongoing engineering projects.
AME REIT posts slight rise in 4Q property income, to pay 1.83 sen per unit
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
MGB settles RM7.23m with JV partner to revive Cameron Highlands project after six years
The deal allows MGB to start getting approvals and launch the project in the third quarter, which is expected to take four years to complete.
AME REIT to acquire three industrial properties from AME Elite for RM100.8m
AME Elite plans to allocate the majority of the proceeds towards further development of i-TechValley, as well as other industrial property projects and investments.
MGB bags related-party apartment construction job in Cameron Highlands
The contract is deemed a related-party transaction as Casa Inspirasi is an indirect subsidiary of LBS Bina, while LBS Bina's group executive chairman and largest shareholder Tan Sri Lim Hock San is also MGB’s group executive chairman.
