News about andaman

Landmarks said it is of the view that there will be no material impact to its business, both financially and operationally, in view that it has no other outstanding loans or facilities with any other banks or financial institutions.

Arica is a 380-unit freehold serviced apartment development, offering unit built-ups ranging from 947 sq ft to 1,259 sq ft and priced from RM800,000.

The group, which is seeking additional funds for the second phase of its 760-acre Andaman Island project, expects to have around RM500 million cash in hand next year despite downsizing its rights issue that was first proposed in February 2022.

KUALA LUMPUR (Jan 13): Landmarks Bhd has confirmed that a major fire incident took place at The Andaman, its hotel resort in Langkawi.

KUALA LUMPUR (Jan 13): A fire that “gutted” part of the five-star Andaman Resort in Langkawi yesterday but the blaze has since “been brought under control”, reported The Star.

KUALA LUMPUR (Dec 26): A firm owned by the Selangor State Development Corp (PKNS) and Andaman Group is suing Parkson Corporation Sdn Bhd (PCSB) for allegedly failing to pay rent for a retail space in EVO Shopping Mall in Bangi.

PETALING JAYA (Jan 18): Almost 60 owners of units in The Arc @ Cyberjaya condominium have launched a class action suit against its developer Maju Puncakbumi Sdn Bhd for allegedly defaulting on a guaranteed rental return (GRR) scheme payment.

KLANG (Oct 6): Property developer Mitraland Group Sdn Bhd is set to launch its first smart homes — the 31-storey Andaman Residences serviced apartment — in its mixed-use development Gravit8 in Klang around mid-November.

LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.

KUALA LUMPUR (May 25): Loss-making hospitality and property company Landmarks Bhd is looking for a joint-venture (JV) partner to add new hotels and resorts within its Treasure Bay Bintan development in Bintan, Indonesia.