EMKAY to soft launch The Ayu Residences on Oct 12
The Ayu Residences comprises 11-storey low-rise blocks, beginning with Block 1, which is now available.
The Ayu Residences comprises 11-storey low-rise blocks, beginning with Block 1, which is now available.
Ivory Properties will continue to operate as an unlisted entity following its delisting.
The joint venture will allow S P Setia to reduce its capital outlay for the project and comes at a time when the company is targeting to lower its financial leverage, according to MIDF Amanah Investment Bank and Kenanga Investment Bank.
The freehold project is located about 3km from the upcoming Johor Bahru–Singapore Rapid Transit System (RTS) Link and next to Sunway Commercial Square.
“With Sunway Cochrane, we are setting a new benchmark for transit-oriented developments (TODs) in Kuala Lumpur by placing direct MRT access, GreenRE compliance, and future-ready features such as electric vehicle (EV) charging at the heart of the design.
In a statement, Tropicana said redemption under the sukuk programme, launched in 2020 to fund development plans, reflects efforts to manage its debt.
Jaya Grocer will anchor the podium, joined by 7 Eleven, Food City, Hairmo Hairdressing, Health Lane Family Pharmacy, Hock Kee Kopitiam, Komune Care, Luckin Coffee, Nasi Lemak Shop, R Pharmacy, and ZUS Coffee.
The sale reduced EPF’s shareholding in the property developer to 4.
In a filing with Bursa Malaysia on Wednesday, the auditors said the company was unable to provide fundamental accounting records and supporting documentation necessary for their audit procedures.
The freehold high-rise mixed development comprises a 33-storey serviced apartment tower with 494 units and 10 commercial shoplots, with a gross development value (GDV) of RM309 million.