Rehda Selangor reappoints Datuk Zaini Yusoff as chairman
Datuk Edward Chong Sin Kiat of Shah Alam 2 Sdn Bhd, a subsidiary of IJM Land Bhd, has been reappointed as deputy chairman after the annual general meeting on May 21.
Datuk Edward Chong Sin Kiat of Shah Alam 2 Sdn Bhd, a subsidiary of IJM Land Bhd, has been reappointed as deputy chairman after the annual general meeting on May 21.
The research house is positive on the deal, as it allows Scientex to expand its footprint and build upon its success in affordable housing in the northern part of Selangor.
“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.
Highlighting the promising development potential of the land, Scientex said the proposed acquisition presents an opportunity to create greater economic value and increase earnings potential over the medium to long term.
The two vacant leasehold plots measure a collective 72,840 sq ft.
According to a bourse filing on Tuesday, Kumpulan Kitacon’s wholly-owned unit Kitacon Sdn Bhd received the letter of award from Worldwide Holdings Bhd.
The group said it has entered into a sale and purchase agreement with Puspajaya Realty Sdn Bhd (PRSB) for the proposed land acquisition.
Earnings per share came in higher at 8.
MBSJ director of town planning department TPr Ismail Muhamad: Awareness is the foundation.
“We are currently collating and reviewing pertinent documentation from 42 years ago and will be providing response via announcements to Bursa Securities and other related channels on material development in this case,” said KPS managing director cum group chief executive officer Ahmad Fariz Hassan in a press statement filed with Bursa Malaysia on Wednesday.