Mulpha sells entire stake in London hotel for RM190m
The sale was completed on Oct 24, Mulpha noted.
The sale was completed on Oct 24, Mulpha noted.
Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu said the move aims to strengthen the ministry’s ability to act against irresponsible developers while ensuring the protection and welfare of homebuyers affected by abandoned projects.
The contract award marks the main construction phase for the hyperscale data centre, which Sime Darby Property previously secured through a long-term build-and-lease agreement announced in December 2024 with Pearl Computing Malaysia Sdn Bhd.
Under the acquisition, Sunway will assume ownership of MCL Land and its subsidiaries, including ongoing development projects in Singapore and a portfolio of income-generating and development assets in Malaysia.
Under the partnership, Aman Setia will construct the asset and lease it to GCH Retail, the operator of one of Malaysia’s longest-established supermarket brands.
Net profit for the quarter rose to RM23.
Home to over 150 British and international brands, the Battersea Power Station will also host a series of Christmas markets and pop-ups supporting independent and local businesses.
Datuk Seri Wong Sze Chien and managing director Seah Ley Hong via their vehicle Hallson Holdings Sdn Bhd, together with Seah’s wife Tan Zhen Lin, collectively hold a 50.
The Marshgate Lane project forms part of Gamuda Land’s plan to deliver up to 3,000 student beds across UK cities in the next five years.
The property developer first announced its intention to venture into the data centre business in 2020, earmarking land in Cyberjaya as part of its strategy to diversify beyond its core property operations.