Loh family transfers stake in Oriental Holdings to another vehicle, leaving out some members
Filing with Bursa Malaysia on June 11 (Tuesday) shows that a total of 227.
Filing with Bursa Malaysia on June 11 (Tuesday) shows that a total of 227.
Singapore-listed Singtel, via its regional data centre business Nxera, is said to be in talks with Malaysian authorities to set up a data centre in Iskandar Puteri in the southern state, sources told The Edge.
In total, Crescendo has sold over 150 acres of land for data centre-related development, bringing in sales proceeds of more than RM790 million, cash.
Johari, 52, has decided to step down to pursue new opportunities after holding the CEO post for two years.
The first sub-contract, valued at RM7.
The REIT may include retail complexes, office buildings, schools and a convention centre, S P Setia said in a statement.
S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).
Azam, however, disclosed that Lai is being investigated for embezzlement and abuse of power for his role as the former chairman of the joint management committee, while Lo was sought to help with investigations.
"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.
The offices will be fully refurbished to provide energy-efficient, grade A+ accommodation targeting BREEAM Outstanding, WELL Core “Platinum”, and NABERS UK 5 Star Design for Performance certifications.