SCIB buys land for RM21.6 mil for capacity expansion
The five plots of land are located some 15km from Kuching City Centre.
KLCC Property to buy rest of Suria KLCC stake for RM1.95b
KLCCP said it has entered into a share purchase agreement with Ocmador (Malaysia) City Retail Centre Sdn Bhd, Port Moresby Investments Ltd and Bold Peak Sdn Bhd for the proposed acquisition.
Tropicana sells Courtyard by Marriott Penang for RM165 mil
The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.
WORQ expands Menara 1 Sentrum space; planning three new openings this year
During the opening ceremony of the new co-working space on Friday, WORQ revealed that the new space will be fully occupied by Datacom Systems (Asia) Sdn Bhd, a New Zealand-based IT service company and WithSecure Sdn Bhd, a Helsinki-based IT security company.
SimeProp's affordable housing venture with Lagenda opens doors to future developments, says HLIB
In a company update note on Friday, the research house expressed pleasant surprise at this development, considering it as yet another effort by SimeProp to activate its non-core land bank.
Sunsuria poised for a technical rebound, says RHB Retail Research
In a trading stocks note on Friday, the research house said that if a breakout above that level happens, the stock may trend upwards further towards 58 sen, followed by the next resistance point of 62 sen, which is also the 4-month high.
Kumpulan Jetson plans RM90m share capital reduction; cash call to part-fund majority stake buy in property developer
According to Kumpulan Jetson, the proposed SCR is to enhance the group’s credibility with bankers, customers, suppliers and investors due to an improved financial standing, as well as facilitate the declaration of dividends in the event the company has retained earnings in the future.
Fajarbaru appointed to develop RM192 mil affordable housing project in Putrajaya
The company noted the project is expected to contribute positively to its earnings and net assets for the financial years ending June 30, 2025 (FY2025) and onwards.
Wasco to dispose of Shah Alam land for RM40 mil
“The disposal will result in a one-off net gain of approximately RM31.
