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According to SCIB, the memorandum of understanding (MOU) signed between the two parties lays the groundwork for future cooperation between the parties on key aspects.

DONE DEAL: Bungalow, Seksyen 3, Desa Putra, Kajang DONE DEAL: Terrace house, Bandar Kinrara, Selangor Semtec Park Semenyih consists of factory lots situated in close proximity to Bandar Teknologi Kajang, making it accessible via the Kajang-Seremban Highway and provided with numerous amenities.

With its thoughtful planning, green spaces, and commitment to preserving biodiversity, UEM Sunrise aims to set a new standard for sustainable and community-focused living in Kepong with Residensi ZIG.

The buildings it is acquiring include academic blocks, a great hall, staff and student accommodation, and sports and other facilities.

Putrajaya’s housing programme is to be guided by the concept of shelter as a basic need and human right, instead of homeownership.

UEM Sunrise said the disposal will allow it to fund working capital for the launch of its upcoming product, Residensi ZIG, also in Kiara Bay, tentatively scheduled for this quarter.

The Edge previously reported that the late Jamaluddin was said to have several bank accounts locally and abroad, along with several properties, including houses in Malaysia, Saudi Arabia and the US.

Kerjaya Prospek Development (M) Sdn Bhd, a wholly-owned subsidiary of Kerjaya Prospek Group Bhd, saw its shares in E&O rise by 100 million to 114.

ECM Libra said its wholly owned unit ECM Libra Desaru Sdn Bhd is acquiring the entire equity interest of Desaru Beachfront 2 Sdn Bhd, owner of a 36,831-square metre plot, for RM17.

MARC said the rating affirmation incorporates Sunsuria’s property development approach, healthy overall take-up rates, and low inventory level.