News about Johor

“Once the Cabinet agrees, a technical committee will be established to work on it, and for sure it will be brought to the highest leadership.

“We expect to grow our order book even further this year, riding on the stable recovery of the domestic property sector.

These lands are strategically located within the proximity of multiple industrial parks and the region’s economic hub of Johor Bahru, being just 18 kilometres (km) away from Senai International Airport with its associated logistics and industrial hubs, and 39km away from Johor Bahru city centre.

The group said the purchase price was calculated at the rate of RM14.

The combined proceeds raised from these three rounds of disposals — RM234.

The contract was awarded by Attractive Venture (JB) Sdn Bhd, said Pasukhas in a bourse filing, adding that the physical construction period will be 12 months.

For the full FY2022 ended Dec 31, 2022, Axis REIT logged an NPI of RM245.

The announcement follows JCorp’s transformation strategy to streamline business activities and service offerings of its subsidiaries, wherein JLG emerges as the investment holding company to capitalise on the growing demand for strategic and sustainable real estate ventures in the region.

This follows the matter having made its way in 2013, and it took 10 years for the parties to finally resolve the matter.

The construction specialist said its wholly-owned unit Haily Construction Sdn Bhd accepted the letter of award from RDC Arkitek Sdn Bhd.