Malton seeks to raise up to RM19.5m via private placement to fund ongoing property projects
Of the proceeds, RM12 million will be allocated to support the group’s ongoing property development projects, including River Park (prime serviced apartments in Bangsar South with an estimated gross development value (GDV) of RM1 billion) and Park Green (low-density freehold serviced apartments in Bukit Jalil with a GDV of RM763 million).
Binastra wins RM328m building contract for Bukit Jalil serviced apartment
The company said the contract will commence on Dec 9, 2024, and construction works are to be completed within 42 months.
Phase one of KL Wellness City mixed-use development in Bukit Jalil is 40% completed
Launched in May this year, phase one of KL Wellness City comprises KL International Tertiary Hospital (KLIH) and The Nobel Healthcare Park.
Scientex establishes RM1.5 bil multi-currency sukuk programme
The group, which lodged the Sukuk Wakalah Programme with the Securities Commission Malaysia on Wednesday, said proceeds from the issuance of the sukuk will be used to finance and reimburse capital expenditure.
Atlan's Singapore-listed unit unhappy with RM70m compensation for compulsory acquisition of land, to file objection to High Court
Atlan had previously announced in October that two lands belonging to its two indirect wholly-owned units — Cergasjaya Sdn Bhd and Cergasjaya Properties Sdn Bhd (CPPA) — had received notices for the compulsory acquisition of two pieces of land in Bukit Kayu Hitam.
IJM Land’s CEO Wong Tuck Wai retires, operations chief Tony Ling to take over
Wong, 69, has decided to end his fixed-term contract earlier, to spend time with family and manage personal matters.
Atlan Holdings' units get compulsory land acquisition for road construction project in Bukit Kayu Hitam
DFI said the land was acquired by Malaysia's Home Affairs Ministry and is administered by the Department of Director General of Lands and Mines, Kedah.
DONE DEAL: Condo unit, Menara Bukit Ceylon, Bukit Ceylon, Kuala Lumpur
DONE DEAL: Semidee house, Section 13, Shah Alam, Selangor DONE DEAL: Condo unit, Verde Ara Damansara, Ara Damansara, Selangor In terms of tenant demographics, Bukit Ceylon, Kuala Lumpur, comprises a majority of commercial tenants at approximately 30%, followed by expatriates at 24%.
