Sunway doubles down in Singapore with RM2.4b acquisition of MCL—analysts
Sunway, via its fully-owned subsidiary Sunway Labuan Investment, signed an agreement to buy MCL for S$738.
Sunway, via its fully-owned subsidiary Sunway Labuan Investment, signed an agreement to buy MCL for S$738.
Located in Subiaco, voted Australia’s Most Liveable Suburb in 2023 and directly across from the historic Subiaco Oval, One Oval is UEM Sunrise’s first foray into Perth.
The introduction of the RRT trophy this year symbolises the dedication of members who have upheld their integrity in the real estate profession, while reminding realtors of the role they play in shaping communities through their success.
Kajang offers three distinct yet complementary narratives: a heritage core with steady demand supported by local enterprises, Kajang 2 as a premium township commanding higher values, and Sungai Jernih as a transit-linked growth node.
Sunway will assume ownership of MCL Land and its subsidiaries, including ongoing development projects in Singapore as well as its portfolio of income-generating and development assets in Malaysia.
“The government firmly believes that every decision must be rooted in the well-being of the people and the preservation of community identity.
Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa also warned against attempts to politicise the issue or disrupt community harmony.
The Sultan also reminded the public that Kampung Baru was established in 1899 and officially recognised as a Malay settlement for agricultural purposes, a designation granted by his late ancestor, the fifth Sultan of Selangor, Sultan Sir Alaeddin Sulaiman Shah Ibni Raja Muda Musa, through the Selangor Government Gazette dated Jan 12, 1900, which classified it as a Malay agricultural settlement.
“The ICP programme has been assigned a preliminary rating of MARC-1IS by MARC Ratings Bhd,” Sunsuria said in a bourse filing on Wednesday.
The packaging manufacturer and property developer attributed the increase to the steady construction progress on existing projects and new launches in Sungai Dua, Ipoh, Jenjarom, Bandar Jasin and Pulai, citing that property revenue reached RM580.