News about developer

“The board is optimistic that the demand for industrial properties is bright and will be contributing towards the profitability of Ewein.

The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.

The parcel of land comes together with a one-storey commercial shopping complex and a one-storey temporary building comprising a futsal court and a commercial lot.

The RM85 million proceeds from the disposal will be used for working capital by its subsidiary Mega Legacy (M) Sdn Bhd (MLSB), which will be given the rights to develop the land.

With prices starting from RM678,000, Banyan's intermediate units comprise 4 bedrooms and 3 bathrooms, while the corner units offer 4 bedrooms and 4 bathrooms with a favourable North-South orientation.

The initiative saw the upgrading of existing facilities including eight commercial lots, enhanced washroom and surau facilities, and the allocation of more than 70 parking bays for cars, motorcycles and bicycles, to cater for the needs of travellers and visitors and in support of Langkawi’s tourism segment.

He is brother to Datuk Dr Teoh Seng Foo, who is the president and executive director of the company; and is also the brother of Teoh Seng Aun, who is the director of Ecofirst’s major subsidiaries, as well as a substantial shareholder.

“At OSK Property, we aspire to ensure a seamless end-to-end homeownership experience for our customers with the use of technology, and having the right partner is an important part of this endeavour.

The acquisition by HHRG, via its wholly-owned subsidiary HH Properties Kulim Sdn Bhd, involves KPSB shareholders including father-son directors Goh Boon Leong and Goh Vincent, as well as Ho Whye Chong and Kelvin Tan Chun Khai.

CEO Chan Jin-wy emphasised Bon Estates' core belief that everyone deserves to live better.