News about Perak

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.

GERIK (Feb 2): The government has allocated RM350 million to upgrade the East-West Highway (JRTB), specifically the section in Perak or route FT004 under the First Rolling Plan (RP1) of the 13th Malaysia Plan (MP13), to ensure the route is safer, comfortable and more resilient.

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 RM69.

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.