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This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.

Sime Darby said its indirect wholly owned subsidiary Kumpulan Sime Darby Bhd (KSDB) has agreed to sell the 1,282-acre parcel for RM445 million.

The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a 14% equity interest.

It is selling the 9.

Residents living in the southern part of Bandar Utama claimed that the traffic impact assessment report for the 23-storey commercial development was “based on inaccurate data”.

Thriven Global Bhd is acquiring 4,700 sq metres of freehold land in Butterworth that has been approved for the development of serviced apartments.

MBAM stated that it recognises the importance of continuing to assist deserving students in pursuing their higher education.

To be the to-go destination for Southern Klang Valley Fourth mall for S P Setia SEMENYIH (Sept 22): Property giant S P Setia Bhd opened its first neighbourhood lifestyle mall in its township Setia Ecohill in Semenyih, Selangor, last week.

“If you look at the trend of BDB’s earnings, normally business will pick up in the third and fourth quarters.

“The pandemic in 2020 and 2021 demonstrated that our core business was highly vulnerable to lockdowns and movement control orders.