Ho Hup Construction and Sunrise Model resolve legal dispute amicably as court strikes out petition
The petition, filed by Sunrise Model on July 17, 2024, stemmed from a RM1.
The petition, filed by Sunrise Model on July 17, 2024, stemmed from a RM1.
This relaunch marks Windsor Collection’s first foray in Malaysia and reflects the company’s commitment to enhancing urban living through quality design, curated facilities, and active community-building initiatives.
The transit-oriented project, adjacent to the Bukit Chargar station under the Johor Bahru–Singapore Rapid Transit System (RTS), involves the development of four residential and commercial towers, Sunway said in an exchange filing.
Seri Maimunah Mohd Sharif’s mandate stretches far beyond ensuring the cleanliness and provision of smooth mobility and connectivity in the city.
In an amended bourse filing on Friday, the property developer said the highest aggregated percentage ratio applicable to transactions with Sunway REIT in the past 12 months stood at 30.
The company previously said the land “presents a strategic opportunity” for long-term value growth.
DONE DEAL: Residential land, Damansara Heights, Kuala Lumpur DONE DEAL: Condo unit, Verticas Residensi, Bukit Bintang, Kuala Lumpur Up to 28.
This marks the highest DPU for Sunway REIT since it was listed on the Main Market in July 2010.
The development features 1,000 units spread across three 26-storey blocks and one 27-storey block, with built-ups ranging from 900 sq ft to 1,959 sq ft.
The energy and construction outfit said it sees the purchase as a strategic opportunity for long-term value creation and growth, citing the increasing scarcity of sizeable and well-positioned commercial land in the city.