IOI Properties sells 136 acres of industrial land for RM740 mil
SELANGOR (Feb 4): IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.
Taman Dorani Sejahtera a tranquil single-storey terrace living in Sabak Bernam
Taman Dorani Sejahtera is a single-storey terrace housing development located in a peaceful and green environment in Sabak Bernam, Selangor.
Mah Sing to revive two RMKU affordable housing projects in Penang
PENANG (Feb 4): Mah Sing Group has been appointed as the financier to support the revival and completion of two Rumah Mutiaraku (RMKU) affordable housing projects in Balik Pulau, Penang, namely Pangsapuri Sri Bayu and Pangsapuri Quinton.
Taman Perigi Nenas the affordable landed housing segment
Taman Perigi Nenas is a residential housing development by Etaway Group, an established local housing developer founded in 2014 with experience in delivering affordable landed homes for the Bumiputera market.
Lagenda Properties’ earnings growth about to speed up, says CGS International
KUALA LUMPUR (Feb 4): Lagenda Properties Bhd (KL:LAGENDA) is about to see an acceleration in earnings over the next two years from robust demand for affordable homes, said CGS International.
Sarawak Consolidated Industries cancels financing facilities after reassessing funding needs post-divestment
KUALA LUMPUR (Feb 4): Sarawak Consolidated Industries Bhd (KL:SCIB) has cancelled its RM49 million financing facilities after the board determined that the facilities were no longer required following the group’s disposal of its indirect wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM).
Glomac appoints FD Idzham Datuk Seri FD Iskandar as executive director
KUALA LUMPUR (Feb 4): Glomac Bhd has announced the appointment of FD Idzham Datuk Seri FD Iskandar, 28, as group executive director, effective Feb 3, marking the entry of the third generation into the property developer’s leadership.
Billionaire Quek Leng Chan to privatise GuocoLand at RM1.10 per share via selective capital repayment
KUALA LUMPUR (Feb 4): GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.
Sentoria goes to court to cancel OCBC bank guarantees, files RM679 mil claim
KUALA LUMPUR (Feb 3): Sentoria Group Bhd has filed a writ at the High Court of Malaya against OCBC Bank (Malaysia) Bhd, seeking to nullify corporate guarantees related to two of its subsidiaries.
Sunview clarifies sharp reversal in financial position
KUALA LUMPUR (Feb 3): Sunview Group Bhd has clarified that there was no discrepancy in its contract cost position, following a sharp reversal in its financial position, which saw a massive swing between its unaudited and audited figures.
