Fajarbaru clinches RM125m mixed development construction job
The construction outfit said its wholly-owned unit Fajarbaru Builder Sdn Bhd had accepted the award from Penang Development Corp for Phase 4 of a 25-phase proposed mixed development.
The construction outfit said its wholly-owned unit Fajarbaru Builder Sdn Bhd had accepted the award from Penang Development Corp for Phase 4 of a 25-phase proposed mixed development.
The developer said it had recently obtained a development order from the Kuala Pilah District Council (Majlis Daerah Kuala Pilah or MDKP) for 2,200 units of mixed development township.
The group recorded a net profit of RM782.
Signature International said the purchase of the stake from ZZBSB’s director Foo Khai Shin for RM13.
The purchases, it said, are in line with its strategy of acquiring land bank at locations near to its existing factories for investment or future expansion.
The group had said that its property segment's profit before tax increased 326% year-on-year to RM29.
“To have welcomed more than five million people down since the landmark opened has been a huge achievement and we look forward to welcoming more visitors throughout 2023 to discover the new stores opening, a greater food and drink offering, as well as lots of unique and family friendly events.
The collaboration will allow homebuyers to "leverage Alliance Bank’s sustainable mortgage financing packages for green-certified Sunway projects”.
This slashed his direct shareholding in BLand to 33.