Yong Tai sells Courtyard by Marriott Melaka for RM160m, proposes special issue to raise RM57m
The selling price of RM160 million of the hotel represents a discount of 5.
MAHB names UEM’s Mohd Izani as MD, confirming The Edge report; promotes Zeid Abdul to finance chief
Prior to joining UEM, Datuk Mohd Izani Ghani was the executive director of the investment division at Khazanah and the chief financial officer of Khazanah.
Balanced Federal Court verdict a triumph for the housing market
At one time, the development sector found itself navigating through turbulent waters amid a dramatic surge in legal cases with estimated claims of a whopping RM48,819 million with respect to the EOT granted between 2016 to 2020.
Advancecon bags contract worth RM38.25m from Sime Darby Property
Advancecon said it intends to fund the contract via internally generated funds and/or external borrowings.
ECRL poised to enhance ECER’s connectivity and logistics efficiency, says COO
Ragu said ECER also offers cost effective-land options.
Ekovest disposes of more land in KL in related party transaction
The expected gain from the proposed disposal is RM3.
Ecofirst’s 4Q net profit more than doubles amid improved sales conversion
Property developer Ecofirst Consolidated Bhd (KL:ECOFIRS) said on Monday its net profit for the fourth quarter more than doubled from a year earlier thanks to higher sales conversion rate for the KL-48 project.
Lawyer poses queries on homebuyers' rights after Federal Court provides clarity on Ang Ming Lee decision
Ranjan Chandran, a consultant at Messrs Hakem Arabi & Associates: “The ruling on limitation from the date of execution of the SPA does not seem fair to homebuyers [if a] housing development project had not taken off after the SPA is signed and if there [is] a breach that can be ascertained when vacant possession is only been given.
Ekovest agrees to six-month extension for merger discussion between subsidiary and Knusford
The six-month extension to Jan 27, 2025 will provide Ekovest and Knusford with additional time to evaluate and deliberate the terms of the definitive agreement for the proposed merger.
Kumpulan Kitacon bags RM54.5m job to build houses in Rawang
The company expects the contract to contribute positively to its earnings for the financial year ending Dec 31, 2024 and until the contract expires.
