Cash-rich Luxchem to acquire Klang land for future development
The deal comes as the company racked up more than RM252 million of cash and cash equivalents as at the end of June.
The deal comes as the company racked up more than RM252 million of cash and cash equivalents as at the end of June.
This is the third collaboration between i-Bhd and Wyndham, following the success of Wyndham Suites KLCC and Wyndham Garden i-City.
The Reya at KL East marks Sime Darby Property’s latest addition to the multi-award-winning KL East masterplan.
Conlay Residence, developed by Patsawan Properties Sdn.
This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.
The newly appointed directors were earlier proposed to the board by a group of shareholders led by Yudishthiran Doraisamy, who together held 10.
The land parcels measure approximately 14.
“Despite external risks, BNM remains upbeat on domestic demand, supported by a strong labour market, policy measures, and sustained investment from infrastructure and development initiatives,” RHB Investment Bank said.
The project will feature double-storey terrace homes with four bedrooms, three bathrooms, and a 10ft private rear garden.
Gen Rise is a freehold serviced residence strategically located in the heart of Johor Bahru City Centre.