The components for the RM700 million Edgewater include about 700 landed residential units; 90 retail units, of which he said configurations may change; recreational spaces and biodiversity projects.
The 15-month contract period commences on Dec 15, and is scheduled for completion on March 14, 2027.
EBP7 was developed through a public–private partnership between EcoWorld, SD Guthrie Land Ventures Sdn Bhd and NS Corp.
Advancecon said its wholly-owned subsidiary, Advancecon Infra Sdn Bhd, received the adjudication decision on Tuesday (Dec 2), with the adjudicator ordering CCC to pay RM3.
SS19 Subang Jaya, Selangor bungalow sold for RM2.
In a statement, SD Guthrie group managing director Datuk Mohamad Helmy Othman Basha said industrial development is set to become an important pillar of the group’s future growth.
The proceeds will also be used for general corporate purposes, refinancing of existing borrowings, and inter-company advances within the Sunway group via shariah-compliant structures such as mudharabah or wakalah, said Sunway.
The project, part of the proposed Sunway Cochrane development, comprises two serviced apartment blocks with rooftop facilities, a seven-storey podium with retail floors and a link bridge to the Cochrane MRT Station, according to the company’s bourse filing.
Datin Chan Bee Leng is the wife of Datuk Low Tuck Choy, the son of the founder of Ho Hup, who ceased to be a substantial shareholder of the company on Oct 22, 2025.
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