News about ev

“There’s a lot of effort going into monetising the three campuses, the hotel and the office.

“But we are now re-studying whether we could do a whole redevelopment.

"To resolve this, we have devised a plan to determine which assets LTAT should retain a larger direct shareholding in and which should remain under Boustead’s management.

The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.

The largest contract, valued at RM100 million, was awarded by Uni Land Sdn Bhd for works on a 456-room hotel at Empire City.

The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.

Asian Pac said the proposed acquisition aligns with its strategy to invest in retail malls, with the objective of increasing net property income.

X Park Bandar Seri Impian will feature a range of extreme sports and leisure activities, including a go-kart track, ATV rides, a golf driving range, badminton and pickleball courts, rock climbing, archery, cafés and pro shops.

The contract, awarded by Eco Sanctuary Sdn Bhd, covers phases one to four of the proposed Seruma Integrated Development at Eco Santuari, according to a bourse filing.

Exsim Hospitality plans to allocate RM86.