GUH Holdings expects RM4m revenue boost from out-of-court settlement with JAKS’ unit
Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.
The Binjai on the Park and Kuala Lumpur Convention Centre retain Gold status at The Edge Malaysia BMSPA 2023
BMSPA is in its seventh instalment this year in seeking to recognise real estate that is managed with excellence and sustainability.
Local govt ministry plans new law to speed up redevelopment projects
“Right now, under the current act (law), we have to get 100% consent from the residents (of the identified projects) to implement a redevelopment [plan], which is not possible… We will be coming out with a new act soon, to speed up the progress of the redevelopment projects.
SkyWorld records highest-ever profit after tax of RM150.7m
The remarkable increase of SkyWorld’s PAT was contributed by revenue generated from ongoing projects such as SkySierra Residences (The Valley), EdgeWood Residences, SkyVogue Residences, SkyAwani III Residences, SkyAwani IV Residences, SkyAwani V Residences and the sales of completed inventories mainly from SkyMeridien Residences.
MIEA’s new board of directors led by Tan Kian Aun
Tan has served as a board member in the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEAP), in which time he has held the role of chair of the Estate Agency Practice Committee (EAPC).
SCIB secures 16-month EPCC contract worth RM8.26m in Kelantan
“This new development will reinforce SCIB’s financial stability and robustness and pave the way for future growth opportunities, thus creating long-term shareholder value.
Pestech denies unit's insolvency, says problem lies with Gemas-JB project’s cash flow
Pestech added that during this two-year extension period, PTech received no loss or expense payments for the contract prolongation.
GUH Holdings reaches out-of-court settlement with JAKS joint venture
GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.
Tropicana Corp redeems RM465.5m sukuk due end June
The group remains optimistic and believes that there will still be demand for properties in prime locations in Tropicana’s established, matured and developing townships.
WCT Holdings to acquire remaining 49% stake in JV undertaking shopping complex at Merdeka 118
“Upon completion of the acquisition and the transfer of the sale shares to WCTB, the joint venture company shall become a wholly-owned subsidiary of WCTB.
