MRCB bags RM2.94 bil Kompleks Sukan Shah Alam contract
MRCB said the project was awarded to its wholly owned subsidiary, Lembaran Prospek Sdn Bhd, and will span a development period of 48 months.
MRCB said the project was awarded to its wholly owned subsidiary, Lembaran Prospek Sdn Bhd, and will span a development period of 48 months.
In an exchange filing, YNH Property said its wholly owned units Kar Sin Bhd and YNH Hospitality Sdn Bhd, together with RHB Trustees Bhd, the trustee of Sunway REIT, have mutually agreed to extend the conditional period of their sale and purchase agreement (SPA) signed on Jan 20, 2025.
BPMB said the financing was evaluated using its Measuring Impact on National Development framework, which checks alignment with the 12th Malaysia Plan and ESG goals.
The project is expected to include seafront suites, retail outlets, wellness areas and office spaces.
Located in the Tun Razak Exchange (TRX), the 26-storey hotel will feature 466 rooms.
Kelana Square Petaling Jaya office sold for RM1.
Sunway REIT said the sale is part of Sunway REIT’s strategy to recycle assets.
The suit pertains to a conditional share sale-and-purchase agreement signed on Dec 22, 2023 under which Jiankun was to acquire 99.
This low-density, freehold project is directly connected to Pavilion Bukit Jalil Mall and is in proximity to the 80-acre Bukit Jalil Recreational Park.