News about ER

The “marina-inspired living” homes have sizes ranging from 979 sq ft for the two-bedroom units while three-bedroom units range from 1,177 to 1,356 sq ft.

Previously known as Winchester House and the UK headquarters of Deutsche Bank, Gamuda and Castleforge acquired the building in February 2023 in a 75:25 joint venture.

It will comprise 420 serviced apartments units with built-ups ranging from 484 to 904 sq ft, as well as four retail units.

“The board is confident in Wan Zakariah’s ability to fulfill this role, given his extensive experience and leadership as the group managing director,” the company said.

Knight Frank executive director Amy Wong Siew Fong: "SME (small and medium enterprise) players and multinational corporations in Singapore are still awaiting clear incentives before making any commitments.

In his new role, Chung will oversee Sunway Property’s overall division, managing both domestic and international operations.

The company also has 42-acre land in the Meridin East township in Johor Bahru that could be further developed to support an additional 300 megawatts of power capacity.

Gamuda is on track to reach the RM40 billion to RM45 billion target by the end of 2025, the research house noted.

Following the lapse of the SA, SCIB said Awana must acknowledge a total indebtedness of RM19.

The sale price represents a 59.