Genting Plantations to get earnings boost from RM334m Melaka land sale — Kenanga
In a separate note, Kenanga Research was favourable of Scientex Bhd’s acquisition of the Melaka land.
In a separate note, Kenanga Research was favourable of Scientex Bhd’s acquisition of the Melaka land.
“By standardising our designs, we achieve economies of scale.
James Liew Vun Tak acquired an 11.
The purchaser, 4X Software Sdn Bhd, was unable to fulfill the stipulated condition precedent within the agreed timeline, which ended on Dec 26, 2024, according to AmanahRaya Kenedix REIT Manager Sdn Bhd, the REIT’s manager.
On Jan 13, SCIB announced that the RM162 million contract awarded to its wholly owned unit, SCIB Properties Sdn Bhd (SCIBP), from Awana JV Suria Saga Sdn Bhd in July 2024 as part of a debt settlement collapsed after Awana failed to fulfil a key condition precedent within the stipulated time frame.
The project includes four business blocks, one serviced apartment block, and a six-level podium parking structure with residential facilities.
Scientex said the acquisition will boost its existing landbank, which aligns with the company’s goal to build more affordable homes, according to its filing.
The transit-oriented development project will add 19% to MRCB’s total remaining gross development value (GDV), for it to reach RM38.
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.