Bina Puri announces boardroom changes, founder director Tan Cheng Kiat retires
Cheng Kiat, 77, established Bina Puri in 1975 and has served on its board since Nov 5, 1990.
Cheng Kiat, 77, established Bina Puri in 1975 and has served on its board since Nov 5, 1990.
In a statement, the ministry also said that the building will be temporarily closed starting Thursday “in the interest of visitor safety and comfort, and to provide space for the new management to carry out maintenance and improvement works”.
The sale of the property to an investment firm, Airique Property Sdn Bhd, is expected to be completed by the third quarter of 2025, with an estimated net pro forma gain of RM4.
SkyWorld is buying the land, which could fit about 10 Olympic-sized swimming pools, from M S Tan Corporation Sdn Bhd, a wholly-owned subsidiary of MS Tan Holdings Sdn Bhd.
The event launched the PropNex Malaysia Xpo 2025 series, offering homebuyers and investors a platform for deals, insights, and informed decisions.
The projects involve two serviced apartment blocks, which are a 43-storey tower with 848 units (Plot 1) and a 41-storey tower with 735 units (Plot 2).
The contract involves the construction of residential units across two phases.
M Legasi is Mah Sing’s largest freehold township in the Klang Valley, covering 500 acres with an overall GDV of RM3.
PWCC is a flagship component of The Light City, a major waterfront development along Penang’s eastern coastline.
Paramount said the suit is unlikely to impact its finances, as the SPA signed in December 2024 allows TBSB to cancel the deal and claim a refund if legal issues block the transaction.