News about aw

The property, which has a land area of 179,369 sq ft with a net lettable area of 67,506 sq ft, is located at the Senawang Industrial Park.

"The expansion initiatives come at an opportune time, as the construction industry stands to benefit from government-led initiatives and spending, particularly in infrastructure development.

The company aims to capitalise on Senawang’s rapid growth while addressing the region’s rising demand for affordable housing.

The action comes two weeks after Abu Bekir himself sued Cahya Mata for allegedly being denied access to the company’s accounts despite his position as a director.

The purchase price of RM64 psf aligns with an independent valuation of RM66 psf, the group said, adding that it plans to fund the acquisition through internally generated funds and external borrowings.

Deputy chairman Datuk Seri Mahmud Abu Bekir Taib filed the suit at the High Court in Kuching.

EXAL Group has joined forces with Solarvest to integrate cutting-edge rooftop solar PV systems and green EV charging infrastructures into their developments.

The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.

For the fourth quarter ended Dec 31, 2024 (4QFY2024), the group’s net profit soared 85.

Its property development segment had returned to black, with an operating profit of RM18.