On its outlook, Matrix expects strong long-term growth, supported by continued demand for Sendayan Developments; the launch of Malaysia Vision Valley City (MVV City), a 2,382-acre, RM15 billion integrated project near the planned High-Speed Rail, and ongoing success of Levia Residences in Cheras with a gross development value of RM523 million.
Kerjaya Prospek declared a first interim dividend of three sen per share, amounting to RM37.
On prospects, Ekovest highlighted steady revenue growth from toll collections on Phases 1 and 2 of the Duke Highway and expects to gain further from the full opening of the SPE Highway.
Revenue for the quarter climbed 17.
IOI Properties also received Certified Green Building Index (GBI) rating under the GBI Non-Residential New Construction: Hotel (NRNC: Hotel) category for its 480-room Moxy Putrajaya that is linked to IOI City Mall, as well as GBI Silver rating for its IOI City Towers 1 and 2.
This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.
Damansara Kim is well-located within Petaling Jaya, for both commercial and residential properties.
Titijaya said the location of the two assets—offering strong connectivity to both UMS and the upcoming Hospital UMS—makes the area a highly desirable locality in Kota Kinabalu.
Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).
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