The Edge reported last year that the High Court had set aside a corporate voluntary arrangement (CVA) by True Renaissance Development Sdn Bhd for the Empire Remix development.
The company said it will be buying the factory, situated on 8,217 square metres of leasehold industrial land, for RM7 million, and pay another RM1.
The first sub-contract, valued at RM7.
TAFI said its TAFPSB has entered into a sale and purchase agreement with Comfy Factor Sdn Bhd & NNST Capital Sdn Bhd for the disposal, which will realise a gain after Real Property Gains Tax (RPGT) of some RM8.
Scientex said the landbank expansion is also in line with the goal of the group to build more affordable homes to meet its objective of completing 50,000 affordable homes throughout the country by 2028.
SCIB managing director Rosland Othman said there are no penalties or liquidated ascertained damages to SCIBILL over the termination of the project.
KUALA LUMPUR (Sept 18): Tan Sri Azman Yahya stepped down as executive chairman of Symphony Life Bhd (SLB) on April 2 this year and it “was not long after that that trouble started brewing at the company,” The Edge Malaysia reported this week.
KUALA LUMPUR (Sept 13): Symphony Life Bhd reported a net loss of RM13.
KUALA LUMPUR (Aug 10): Muar Ban Lee Group Bhd (MBL) has emerged as the largest shareholder of property developer Symphony Life Bhd, with a combined direct and indirect stake of 17.
KUALA LUMPUR (June 18): Former Youth and Sports Minister and Muar member of Parliament Syed Saddiq Syed Abdul Rahman (pictured) was quizzed by the police for 45 minutes in Bukit Aman today, following an interview he gave to Al Jazeera in March regarding the political situation in Malaysia.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
