FoundPac to make RM25.5m land purchase to boost production capacity
The land will be used as FoundPac Tech's new manufacturing facility, as it is less than a kilometre away from the unit's existing manufacturing facilities.
The land will be used as FoundPac Tech's new manufacturing facility, as it is less than a kilometre away from the unit's existing manufacturing facilities.
Nga is Member of Parliament for Teluk Intan, Perak.
In a bourse filing on Friday (Dec 2), the property developer said the group’s indirect wholly-owned subsidiary, Symphony Hills Sdn Bhd, entered into three sale and purchase agreements with Sunsuria’s 65%-owned subsidiary, Tapah Land Development Sdn Bhd, for the disposals.
The 17 lots of land are located in Mukim Batang Padang and Mukim Bidor.
Located in Asrama Murni in Jelapang, near Ipoh, the pilot project is a public-private partnership in which Advancecon will contribute the necessary technical expertise to reduce the risk of CLQ implementation.
YLI said the two pieces of land have a combined size of 4.
Sime Darby Property said the acquisition is in line with the group's journey under the SHIFT25 strategy to transform from a pure play property developer into a real estate company by broadening and diversifying income streams.
Prior to holding the CFO position at S P Setia, Annuar Marzuki Abdul Aziz, 52, was CFO and chief investment officer of KLCC Property Holdings Bhd.
Ireka said the dispute is related to a JV agreement dated Dec 31, 2009, entered between the company, ASPL M9 Ltd, and Urban DNA Sdn Bhd (UDNA) with the primary objective of overseeing the development of the RuMa project.
In a Bursa Malaysia filing, AmFIRST REIT said Raja Nazirin Shah Raja Mohamad, 59, has resigned as CEO and director of the REIT “to pursue other opportunities”.