News about acquisition

The land has yet to be vacated till now, WCE said, causing the connection between Section 2 and 4 of the expressway to be delayed.

Aside from the fourth interim income distribution of 1.

Notably, Genting Plantations is acquiring 355 acres of  land  with Hak Guna Bangunan (with an initial tenure of up to 2028-2053, with extensions of 20 years + 30 years) in Sentul City, Bogor — a major satellite city of Greater Jakarta — for (Indonesian rupiah) IDR 2,052 billion (RM593 million).

KIPMall Kota Warisan houses a one-and-a-half-storey retail centre, with a net lettable area of approximately 17,300 sq m on a freehold land in Dengkil, Sepang in Selangor.

The steel manufacturer said the land was acquired by Malaysian Rail Link Sdn Bhd, an agency under the Ministry of Finance Inc (MOF Inc), which has been appointed as the asset and project owner of East Coast Rail Link (ECRL).

Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing tenants, which will be finalised by end-FY2024.

The Kapar land acquisition is in line with Sime Darby Property’s SHIFT25 strategy, which aims to transform the company from a pure play property developer into a real estate company by broadening and diversifying its income streams.

KUALA LUMPUR (May 27): Diversified group Mulpha International Bhd is acquiring the Capri On Via Roma shopping centre and associated marina, with a combined built up area of 11,863 sq m, in Queensland, Australia for A$65.

KUALA LUMPUR (May 6): ES Ceramic Technology Bhd, a maker of hand formers for rubber glove producers, has proposed to acquire Evermix Concrete Sdn Bhd for RM83 million in a bid to diversify into the manufacturing and trading of construction materials.

KUALA LUMPUR (April 29): Information technology and property construction company Vortex Consolidated Bhd is acquiring 187 units of serviced apartments in an on-going property development called Antara @ Genting Highlands in Pahang that is undertaken by Aset Kayamas Sdn Bhd for RM246.