DONE DEAL: Shophouse, Section 16, Shah Alam, Selangor

Sold for: RM830,000 (RM442 psf, based on land area) Concluded by: Royston Lau (PEA1570, 016-221 9389) of Maxland Real Estate Agency When: August 2019 Noteworthy: ● Leasehold ● Land area: 1,875 sq ft ● Built-up: 3,300 sq ft ● Unfurnished double-storey shop unit ● Nearby amenities: Universiti Teknologi Mara Shah Alam, Wet World Water Park Shah Alam, Kompleks PKNS Shah Alam, IDCC Ideal Convention Centre Shah Alam, Shah Alam Autocity, KPJ Hospital and I-Central Shopping Mall.

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Amverton founder seeks to take company private

KUALA LUMPUR (Jan 14): Amverton Bhd’s founder, chairman and controlling shareholder, Tan Sri Ng Boon Thong, intends to take the property company private by offering to buy the remaining shares in the company at RM1.

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Benalec calls off Melaka land sale

KUALA LUMPUR (Jan 10): Benalec Holdings Bhd has called off plans to sell the remaining five of seven plots of land in Pekan Klebang, Melaka, to Titanium Hallmark Sdn Bhd.

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