The acquisition is undertaken through Pharmaniaga's wholly owned subsidiary, Pharmaniaga Logistics Sdn Bhd, which has entered into a sale and purchase agreement with Yang Guang Furniture (Sarawak) Sdn Bhd.
The healthcare-focused REIT said it has signed a sale and purchase agreement (SPA) with Icon Square Sdn Bhd (ISSB) to dispose of a six-storey purpose-built building with a basement level—currently operated as KPJ Healthcare College, Penang—together with all fixtures and fittings.
EBP7 was developed through a public–private partnership between EcoWorld, SD Guthrie Land Ventures Sdn Bhd and NS Corp.
SS19 Subang Jaya, Selangor bungalow sold for RM2.
PGB plans to allocate the proceeds toward disposal-related expenses, partial repayment of bank borrowings and working capital.
Bayu Timur Residences will house a total of 518 units spread across four blocks.
The units have built-ups ranging from 953 to 1,527 sq ft and selling prices start from RM650 psf.
Laman Cherakah is a boutique residential enclave in Seksyen U15, Shah Alam, offering a limited collection of 21 landed terrace homes thoughtfully planned for families seeking comfort, greenery, and an accessible suburban lifestyle.
Vantage Data Centers said the new Cyberjaya data centre is fully leased to one customer, and the first campus there provides 31MW of critical IT load (power used only by essential IT equipment).
Bina Puri said the subsidiary is seeking legal and tax advice and will “take all necessary steps to oppose and defend against the petition”.
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