PETALING JAYA (April 17): HCK Capital Group Bhd (HCK Capital) announced yesterday (April 16) that all conditions precedent of its proposed joint venture (JV) to develop a freehold land parcel in Cheras, Selangor, have been fulfilled, rendering the JV unconditional with immediate effect.
PETALING JAYA (April 16): Chin Hin Group Property Bhd (CHGP) today issued a circular to shareholders in relation to the proposed joint venture (JV) between BKG Development Sdn Bhd (BKGD), a wholly-owned subsidiary of CHGP, and Fiamma Holdings Bhd (FHB), for a mixed commercial development in Kuala Lumpur.
KUALA LUMPUR (March 12): The joint venture between Ann Joo Resources Bhd (KL:ANNJOO) and Transyear Sdn Bhd has secured a deal to sell a 60.
Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.
Its property development segment also saw an increase in operating profit to RM37 million from RM25 million a year ago, as revenue rose to RM384 million from RM240 million.
The scope of works under the contract consists of the design, supply, installation, testing, commissioning and maintenance of a new automatic train control system to replace the existing signalling and train control systems on Perth’s suburban rail networks.
Chin Hin said the demand for building materials in Malaysia remains robust, with economic growth expected to normalise in 2024, supported by ongoing major infrastructure projects.
The estimated time frame for completion of the project is March 2028, or 54 months from the date of the JV agreement.
Share of results of JVs shot up to RM225.
KUALA LUMPUR (May 24): UOA Development Bhd is diversifying into caregiving services involving patients and senior citizens under a proposed joint venture (JV) which will enable the property developer to venture into the new business.
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