Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m
KUALA LUMPUR (Feb 18): Johan Holdings Bhd (KL:JOHAN) said its 80%-owned unit is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.
KUALA LUMPUR (Feb 18): Johan Holdings Bhd (KL:JOHAN) said its 80%-owned unit is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.
KUALA LUMPUR (Feb 13): KIP Real Estate Investment Trust (KL:KIPREIT) will fund a RM160 million expansion of AEON Mall Kinta City in Perak to secure a 25-year lease from AEON Co (M) Bhd (KL:AEON).
KUALA LUMPUR (Feb 3): Sunview Group Bhd has clarified that there was no discrepancy in its contract cost position, following a sharp reversal in its financial position, which saw a massive swing between its unaudited and audited figures.
The regularisation plan, outlined by Perak Corp in February last year, consist of a capital reduction, a joint development project, RM89.
The project spans 216,907 square metres of 99-year leasehold land in Mukim Sungai Raya.
IGB sees the land as a “highly appealing investment” with significant development potential, citing its reasonable purchase price, prime location, and highway access.
Phase 1 will see BYD as the anchor investor at KLK TechPark with a 150-acre facility.
The land was proposed to be sold to Ladang Lekir Sdn Bhd (LLSB), a wholly-owned unit of the Perak State Agriculture Development Corporation, for RM18.
Perak Menteri Besar Datuk Seri Saarani Mohamad: “The state government consistently prioritises the provision of affordable and quality houses, and Taman Tasik Ardea is a clear manifestation of this effort.