Asian Pac CEO resigns 'to pursue other opportunities'
Chai Yee Choong, 54, has also stepped down as a non-independent director of the company, according to a stock exchange filing.
Chai Yee Choong, 54, has also stepped down as a non-independent director of the company, according to a stock exchange filing.
Privasia said the project will now be spearheaded by its subsidiary, Silver Streams Technofarm Sdn Bhd.
The single tower, 18-storey Richmond Estelar offers 199 suites with built-ups ranging from 323 to 646 sq ft.
The company said the land, which is currently vacant, was valued at RM91.
From landed homes in mainland Butterworth to high-rise residences along the island’s coast, Asia Green Group’s growth has mirrored Penang’s shift towards vertical, lifestyle-driven developments.
Its wholly owned subsidiary, Kota Platinum Sdn Bhd, on Monday signed a sale and purchase agreement with Salcon’s wholly owned unit, Salcon Development Sdn Bhd (SDSB), and Datuk Ding Pei Chai to acquire the entire equity interest in Prestasi Kemas Sdn Bhd (PKSB).
Forbes Asia specifically highlighted that the renewable energy, electric vehicle and data centre companies had benefited from the boost in momentum in their industries.
The Subang airport expansion plan aims to increase capacity to five million passengers annually in three to four years, and up to eight million by 2030.
Asian Pac said the proposed acquisition aligns with its strategy to invest in retail malls, with the objective of increasing net property income.
In the report, the international real estate consultancy firm also highlighted that the Asia-Pacific office market saw a 1.