News about PA

In a filing with Bursa Malaysia on Friday, Glostrext said its indirect wholly-owned subsidiary Glostrext Technology (S) Pte Ltd has accepted the option to purchase a property known as 30 Kaki Bukit Road 3, #02-01 Empire Technocentre, Singapore, which was granted by Singapore-based Uninec Construction Pte Ltd on Oct 13 this year.

In a bourse filing on Friday, EcoFirst said the proposed disposal provides an opportunity for the company to realise the value of these properties, which have appreciated since the project's completion in 2019.

In a Bursa Malaysia filing on Friday (Oct 20), Axis REIT said the judgement was served to Yongnam Engineering Sdn Bhd (YESB) and its corporate guarantor which is listed on the Singapore Exchange, Yongnam Holdings Ltd, as both parties did not enter their appearance in the lawsuit.

Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.

The group is buying the stake in Edisijuta Parking Sdn Bhd (EPSB) for RM27.

The site has been selected to be developed into a hyperscale data centre park called the AREA Data Centre Campus (ADCC).

Chief Minister Chow Kon Yeow: PDC has several methods of selling land, whether via an open tender, request for proposal, or direct negotiations.

The termination of the agreement comes with a three months’ notice, PDC said.

It is important to note that Sunway had only emerged as a majority shareholder in Umech Land two days prior to the announcement of the agreement, by injecting RM23.

King’s Park Development Sdn Bhd in a statement on Saturday said the 45-storey Hard Rock Genting Highlands will feature 371 rooms and 630 suites, bringing the total to 1,001 rooms and suites, 200 sq m of retail space called the "Rock Shop", as well as a heated swimming pool, several dining options, spa as well as a lounge and bar.