Acme Holdings to sell 5.85-acre land in Penang for RM22m
The price tag took into account the property’s net book value at end-March 2024 of RM3.
The price tag took into account the property’s net book value at end-March 2024 of RM3.
The properties, located in Jarak Atas within the Seberang Perai Utara district, span a total of 199.
The suit pertains to a conditional share sale-and-purchase agreement signed on Dec 22, 2023 under which Jiankun was to acquire 99.
The purchase is “purely for investment purposes”, the metal building material maker said.
Approval for advance works under Section 20A of Town and Country Planning Act 1976 was received on April 15, 2025, MRT Corp said in a Sunday statement.
The contract involves the construction of residential units across two phases.
PWCC is a flagship component of The Light City, a major waterfront development along Penang’s eastern coastline.
This marks the fourth contract Kerjaya Prospek has secured since the beginning of the year, bringing its outstanding order book to over RM4.
Sales in its property segment rose 56% year-on-year to RM1.
Kerjaya Prospek (M) Sdn Bhd, had accepted a letter of award from TPDSB for the execution and completion of a Gurney pedestrian ramp, access to Gurney and all associated works at Bandar Tanjung Pinang, Pulau Andaman.