Pahang MB says 98% of settler land ownership issues resolved
Efforts to resolve the remaining 2% will continue but they mostly involve technical issues regarding inheritance, Datuk Seri Wan Rosdy Wan Ismail said.
Efforts to resolve the remaining 2% will continue but they mostly involve technical issues regarding inheritance, Datuk Seri Wan Rosdy Wan Ismail said.
It was reported on Saturday (Nov 1) that JS Link and Lynas Malaysia will develop a super magnet facility in Pahang, a project described as bolstering Malaysia’s role and opening downstream prospects in the rare-earth sector.
The land is the site of an industrial park project with an estimated gross development value of between RM321 million and RM397 million, according to Citaglobal's previous announcement.
The purchase coincided with the disposal by Tiza Global Sdn Bhd, a private vehicle controlled by Citaglobal's executive chairman and president Tan Sri Mohamad Norza Zakaria, of 15 million Citaglobal shares in an off-market transaction.
AZRB said the latest project will support the group’s ongoing strategic plans, continued growth and success over the next three years.
The project includes four business blocks, one serviced apartment block, and a six-level podium parking structure with residential facilities.
The hub, dubbed Southern Carbon Capture and Storage Hub, is expected to have its first injection by 2029, Petronas said.
JRG chairman Tengku Datuk Abu Nirah has expressed his confidence that the development will be a catalyst for socio-economic growth in the East Coast region.
Ekovest plans to use the proceeds arising from the disposal to reduce its debts and for working capital purposes.
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.