Kerjaya Prospek bags RM197.7 mil worth of contracts for Shah Alam apartments and Andaman bridges
Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.
Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.
The contract involves the execution and completion of 104 units of two-storey shop offices, six units of three-storey shop offices, 23 affordable shop units, as well as two electrical substations and one compact substation, according to a bourse filing.
The court ordered Kerjaya Prospek's unit Kerjaya Prospek (M) Sdn Bhd to pay Yong Tai's unit Apple 99 Development Sdn Bhd a total of RM20,000 in legal costs, subject to payment of allocator fee.
Chairman Datuk Seri Tee Eng Ho: We can still buy a few hundred million [worth of] land.
Its total outstanding order book stood at RM3.
Forbes Asia specifically highlighted that the renewable energy, electric vehicle and data centre companies had benefited from the boost in momentum in their industries.
From July 2023 to September 2024, Joanne Lee Sor Phaik served as CEO of Kerjaya Prospek Property Bhd (KL:KPPROP), where she led transformation initiatives to drive sustainable value and returns.
The group said it is acquiring three freehold land parcels in Kuchai Lama via its wholly owned unit Senandung Raya Sdn Bhd, which is under Futuprop Sdn Bhd, a subsidiary of Kerjaya Prospek.
Kerjaya Prospek declared a first interim dividend of three sen per share, amounting to RM37.
Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).