UEM Sunrise appoints Shaharul Farez as CEO after eight months’ vacancy
UEM Sunrise also announced the appointment of Grace Yap Mei Wan, 58, as an independent director, effective Nov 3.
UEM Sunrise also announced the appointment of Grace Yap Mei Wan, 58, as an independent director, effective Nov 3.
Phase 3 of the project comprises 34 three-storey units, including 20 semi-detached and 14 zero-lot houses.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
The asset, originally purchased in April 2017 for RM15.
Described as the “highest peak of Equine park”, KAIA Heights Phase 2 offers residents unobstructed views, with one side overlooking Merdeka 118 and the other facing the Putrajaya Mosque.
As at June 30, 2025, S P Setia’s total borrowings stood at RM8.
Shaiful succeeds Syahrunizam Samsudin, who resigned at the end of August to take the helm of independent power producer Malakoff Corp Bhd.
The township’s first residential phase, Soren, was launched in March 2025, and has reached an 80% take-up rate.
Effective July 1, 2025, the measures include a one-year exemption for non-reviewable contracts, separation of taxable service and non-taxable material components in mixed contracts, and exemption for residential portions in mixed developments.
LBS Bina said the JV offers a strategic opportunity to expand its commercial portfolio, leverage state-endorsed infrastructure investments, and tap into the long-term demand for industrial space.