News about developer

According to its 2022 annual report, as at Dec 30, 2022, executive chairman Tan Sri Ter Leong Yap is the largest shareholder of the company with a direct interest of 168.

The property developer said a consortium comprising SCSB and Total Energies Renewables SAS has met the criteria in the information guide for CGPP for the development of a 29.

Majuperak is selling back the stake in Nexusbase Development Sdn Bhd to the vendor at the original sum of RM12.

Perak Corp acquired the land on Sept 23, 2013 at the cost of RM2.

The RM1.

The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.

Bloomberg reported that ICD Brookfield Place's owners, Brookfield Asset Management and state-owned Investment Corp of Dubai, may sell a stake of as much as 49% in the office tower, whose tenants include JPMorgan Chase & Co and Bank of America Corp.

PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.

Magna Prima said the disposal consideration of RM65 million was arrived at after taking into account the negative net current liabilities of RM68.

Fitters said that the disposal between its indirect wholly-owned subsidiary — Rasa Anggun Development Sdn Bhd — and Aikbee had been terminated due to Aikbee’s failure to pay the balance purchase price on or before the extended completion date.