News about IT

MDEC is working closely with the federal government on three smart city projects: creating Digital Twins to predict traffic and flood risks, Smart Tree profiling and Digital Avatars to improve city planning.

The group, which has been operating primarily in the UK and Australia, is still assessing market conditions and the feasibility of its remaining sites in the two countries before launching new projects.

Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL UOA Business Park, Selangor office unit rented for RM11.

In her supporting affidavit in the suit filed by Ilham Baru and Ilham Tower on Sept 9 against their company secretary, Rebecca Lee Ewe Ai, as the defendant, Na'imah said that the MACC does not have sufficient evidence in the forfeiture case against the tower, as evidenced by its order to compel the company secretary to produce more documents.

The group said its indirect wholly owned subsidiary Trilink Essential Sdn Bhd (TESB) signed the agreement with the landowner, Bongsor Development Sdn Bhd, for the development of the 6.

Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL UOA Business Park, Selangor office unit rented for RM11.

Distinctively built to complement its picturesque surroundings, Park Regent is a carefully crafted luxury condominium project situated on the precious parcel next to the Central Park and Central Lake of the international award-winning township of Desa ParkCity in Kuala Lumpur.

“The proposed disposal consideration for the 49% stake to Choo Peng Hung has not been finalised and remains subject to ongoing negotiations,” the company said, adding that the final terms including the disposal price will be set out in a definitive agreement between the parties.

Proceeds from the debt notes to be issued under the programme will finance the REIT’s investment activities, refinance maturing sukuk wakalah under the programme, and fund requisite deposit in a sukuk trustee reimbursement account.

The land is the site of an industrial park project with an estimated gross development value of between RM321 million and RM397 million, according to Citaglobal's previous announcement.