E&O executive chairman, executive director up stake to 50.7% via RM11.75m loan stock conversion
The Tee brothers’ investment vehicle Kerjaya Prospek Development (M) Sdn Bhd converted 50 million ICULS to shares at 23.
Perak Corp to raise RM63.5m from entitlement to joint development project with ARX-YSC
This is one of the four leasehold lands that Perak Corp bought in 1997 for RM41.
Jiankun’s unit hit with another lawsuit from ex-JV partner concerning residential project
In December 2022, JKID received a notice of demand from Fivestar for RM12.
Live in the Centre at TRX Residences
The opening of The Exchange TRX retail and TRX City Park recently sparked a frenzy nationwide and both continue to be mainstays on the digital sphere.
HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape
The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.
Prospects and possibilities of Malaysia’s property market in 2024
Immediate past MIEA president Chan Ai Cheng highlighted the significant opportunity in the market arising from KPKT’s recent proposal to reduce the 100% consent threshold requirement for en-bloc sales.
Bon Estates celebrates the Dragon’s Tale
Bon Estates also entered into a joint venture agreement with Zhuojian Associates to develop a 12-acre landed freehold development in Taman Melawati.
SkyWorld’s SkyAwani 5 Residence awarded 84% high QLASSIC score, 5-star SHASSIC rating
M Ramuseren, the CEO of the Construction Research Institute of Malaysia: With an impressive score of 84% high QLASSIC score, this stands as the highest accolade for an affordable home since our assessment initiative began in 2006.
Two winners for One Dream One Direction award at Vivahomes’ V-Gala 2024
Vivahomes achieved record breaking sales of RM65 million (total commission received) and sales force of 2,500 agents nationwide in 2023.