News about Perak

The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.

Nexusbase Developments Sdn Bhd, a subsidiary company of Majuperak, has been identified as the master developer for the mixed property development projects.

The homes will be sold to Koperasi Belia Nasional members at RM250,000 (intermediate lot), RM350,000 (end lot) and RM343,000 (corner lot).

It is 52.

Majuperak, which is mainly involved in property development, said Nizran Noordin has been on garden leave from Sept 2 to clear his leave balance before his contract ends on Oct 31, and to facilitate the transition to a new leadership team.

Nizran was once a private secretary to the Perak chief minister, executive director of Epiweb Sdn Bhd, assistant manager of corporate finance at AmInvestment Bank Bhd, and internal audit executive with Park May Bhd.

The exercise involves 42 block titles of development and agricultural land, all located within Mukim Durian Sebatang, in the Hilir Perak district of Perak.

Majuperak said the proposed acquisition represents a strategic investment for the group to be entitled for the future income streams arising from the property management services carried out by AGPS and AGPSP.

PETALING JAYA (June 24): Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.

KUALA LUMPUR (June 23): The proposed by-pass Perak alternative expressway from Gopeng to Kuala Kangsar has been approved in principle by the Cabinet, according to a news report.