KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.
KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.
KUALA LUMPUR (May 21): The appeal made by Maju Puncakbumi Sdn Bhd against the decision that granted the developer a stay of the damages previously awarded to 137 homeowners was today dismissed by the Court of Appeal, the Malay Mail reported today.
KUALA LUMPUR (May 4): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) grew 5.
KUALA LUMPUR (April 26): Axis Real Estate Investment Trust's (Axis REIT) net property income (NPI) grew 6.