YNH Property extends conditional period for RM215 mil sale of 163 Retail Park to Sunway REIT till Sept 26
YNH Property in January announced its plan to sell the seven-storey retail shopping centre to Sunway REIT for RM215 million in cash.
Sunway to buy remaining 70% stake in prefabricated home builder for RM25.5m
Upon completion of the acquisition, Sunway pointed out that the acquisition will also entail financial requirements to fund the future development of Sakura Residence.
Sunway's 1Q net profit up 22% amid stronger earnings from property, healthcare segments
The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.
Sunway Construction posts 16% rise in 1Q net profit, eyes more advanced jobs
“The group is optimistic of registering a positive growth in FY2024 supported by our strong existing outstanding order book” totalling RM6.
YNH extends deadline for RM170 mil land sale to Sunway by a year after caveat found
It was also agreed that Kar Sin will promptly apply for and ensure the issuance of a new title document to the property that clearly indicates that Kar Sin had acquired the land prior to selling it to Sunway Living Spaces.
Sunway Property to preview Sunway Velocity 3 on May 4
Phase 1 of Sunway Velocity 3 comprises two serviced residence blocks with built-ups from 721 to 1,076 sq ft.
WORQ launches eighth co-working outlet at Sunway Putra Mall with 100% occupancy
The outlet’s tenants include companies from industries such as technology, financial technology (fintech) and travel agencies, as well as digital nomads via Malaysia Digital Economy Corporation (MDEC)’s DE Rantau programme.
Crest Builder’s order book rises to record RM1.8b with new contract worth RM448m
The construction will consist of 1,604 units of serviced apartments in two 60-storey blocks, which also comprise a level of basement car park, 8 levels of elevated car parks, two levels of mezzanine as well as recreation facilities.
YNH's RM170m land sale to Sunway gets fourth time extension to fulfil conditions
According to a bourse filing on Thursday (Feb 15), YNH’s wholly-owned Kar Sin Bhd and Sunway Bhd unit, Sunway Living Sdn Bhd, mutually agreed on Feb 9 to extend the conditional period for a further three months after the expiry of the third three-month extension.
