Selangor Dredging buys 29.19-acre leasehold land in Dengkil for RM87.9m
The acquisition is part of Selangor Dredging’s ongoing effort to identify suitable properties for its land bank, the group said in a stock exchange filing on Tuesday.
The acquisition is part of Selangor Dredging’s ongoing effort to identify suitable properties for its land bank, the group said in a stock exchange filing on Tuesday.
The group said the consortium is led by Tokyo Star Bank Ltd and co-led by Okinawa Development Finance Corporation (ODFC) and Bank of The Ryukus.
The builder-cum-property developer said it expects to resolve the issue relating to the disclaimer of opinion within the next financial year.
The project is scheduled to commence on Nov 13, 2023 and to be completed by May 12, 2025 and contribute positively to the group’s future earnings over the duration of the LOA.
The Berjaya companies did not receive the necessary approvals following a change in the Selangor government after the 2008 general election.
The unit clinched the two-year contract from GDP X Properties Sdn Bhd and the project is expected to be completed by December 2025.
This collaboration paves the way for I-Bhd to launch its latest five-dimensional edutainment facility with the latest immersive technology in i-City by December.
The independent review was carried out at the request of Baker Tilly to determine the possibility of related party transactions concerning JV and turnkey contracts entered into by YNH.
Ekovest told Bursa Malaysia on Friday that it is disposing of its entire stake in Ekovest Construction Sdn Bhd (ECSB) to Knusford Bhd for RM450 million.
The purchase of the stake in Expogaya Sdn Bhd (Expo) will be settled via a cash consideration of RM5 million and the issuance of 98 million new shares in Meta Bright at 23.