Eurospan’s RM55 mil sale of assets to controlling shareholder 'fair and reasonable', says independent adviser
The group’s unit Eurospan Furniture Sdn Bhd is also disposing of two freehold industrial lands with buildings on-site to DFSB for RM15.
The group’s unit Eurospan Furniture Sdn Bhd is also disposing of two freehold industrial lands with buildings on-site to DFSB for RM15.
UEM Sunrise stated that the disposals of the Lands are in line with its three-phase strategic turnaround plan: Triage, Stabilise and Sustain, particularly under the first phase, Triage, to transform the company into a balanced real estate player with the immediate goal of strengthening financial performance via, among others, monetisation of non-strategic lands.
ParkCity Group CEO Datuk Joseph Lau said PLANMalaysia’s recognition underscores ParkCity’s commitment to sustainability, which is very much ingrained in the group’s brand DNA.
techpark@enstek covers 1,750.
Maya Bay Residences comprises three towers of serviced apartments with a total of 972 units.
To incentivise towns and cities to transition into Smart Cities, the Ministry of Local Government Development (KPKT) will provide a RM200,000 grant to local authorities that win the Malaysia Urban Planning Awards (MUPA) starting next year.
Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.
At the Malaysia Outstanding Sustainable Development Awards 2023 organised by the Malaysia Urban Planning Awards.
The industrial REIT proposed an interim distribution of 1.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur DONE DEAL: Town house, Cyberia Smarthome, Cyberjaya Nestled amidst the lush rainforests and rolling hills of Janda Baik, Pahang, lies the serene retreat of Tanarimba.