AME Elite shares rise to new record high on Pulai land sale
The land was sold to Digital Hyperspace Malaysia Sdn Bhd (DHM) at a record RM138 per sq ft, marking AME Elite's first deal in the data centre segment.
The land was sold to Digital Hyperspace Malaysia Sdn Bhd (DHM) at a record RM138 per sq ft, marking AME Elite's first deal in the data centre segment.
KSL is acquiring the parcels of land from three units of Tropicana Corp Bhd, with plans to develop 628 units of residential properties beginning 2028.
The disposal consideration is supported by the market value of RM315 million ascribed by the valuer, Crescendo said.
In a Bursa Malaysia filing on Wednesday, CCB said its wholly-owned unit Panoramic Industrial Development Sdn Bhd (PID) had inked a conditional sale and purchase agreement with Yu Ao Sdn Bhd (YASB), to dispose of the nine parcels of land (in two parcels classified as Parcel A and Parcel B).
Crescendo, which is 70% controlled by the founding Gooi family, disclosed that the parcels of land were acquired in December 2009 for a total of RM15.
The contracts, obtained via its wholly-owned unit Kimlun Sdn Bhd, are for the construction of one block of affordable apartments, 166 units of link houses, ancillary building and infrastructure.
KUALA LUMPUR (Aug 2): Nestcon Bhd has won a subcontract in relation to the construction of an access road connecting to Sungai Pulai Bridge for the proposed Petrochemical & Maritime Industry Centre development in Tanjung Bin, Pontian, Johor.
KUALA LUMPUR (May 5): Country View Bhd has accepted RM31 million in Islamic financing from AmBank Islamic Bhd (AmBank Islamic).
KUALA LUMPUR (March 11): Scientex Bhd saw its second quarter ended Jan 31, 2020 (2QFY2020) net profit rise 32.
KUALA LUMPUR (Dec 6): Paragon Globe Bhd is acquiring 31.