Muhibbah secures RM173m construction award from Penang Development Corp
The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.
The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.
Matang inked an agreement with Star Media’s wholly-owned unit SMG Land Sdn Bhd on Friday (Feb 10), to acquire two units of double-storey semi-detached factory and warehouse annexed with a one-and-a-half-storey office building and other ancillary buildings - which is located within the Star Business Hub, an industrial development project in Bukit Jelutong, Shah Alam.
The project, which is aimed at strengthening and improving rice production in the states, is expected to contribute positively to the Kedah-based developer’s revenue in the financial years ending 2023 and 2024, the group said.
The former auditor highlighted that the company recorded a net loss of RM79.
To make your property hunting experience a pleasant one, check out these six tips from two of EdgeProp’s PRO Agents to arm yourself with the right mindset and steps to net the desired asset – be it for own-stay or investment returns.
On Wednesday, UEM Sunrise announced that its plan to buy the land on Jalan Semarak fell through after conditions precedent under the sale and purchase agreement (SPA) were not fulfilled within the conditional period, which expired on Tuesday.
The construction group said it is buying Deluxe Mission Sdn Bhd from its sole owner, Soon Boon Fei, for RM8 million.
The group said the purchase price was calculated at the rate of RM14.
As the SPA had lapsed, UEM Sunrise said the vendor Nipponkey Sdn Bhd will refund its indirect wholly owned subsidiary Lucky Bright Star Sdn Bhd the deposit, including any interest accrued, within 14 days.