Meridian bags RM40.5m contract for civil servants housing in Kedah
The contract, which is about eight times its market capitalisation of about RM5 million—based on its Friday closing share price of 2.
The contract, which is about eight times its market capitalisation of about RM5 million—based on its Friday closing share price of 2.
Sunway, via its fully-owned subsidiary Sunway Labuan Investment, signed an agreement to buy MCL for S$738.
The group, which has been operating primarily in the UK and Australia, is still assessing market conditions and the feasibility of its remaining sites in the two countries before launching new projects.
Located in Subiaco, voted Australia’s Most Liveable Suburb in 2023 and directly across from the historic Subiaco Oval, One Oval is UEM Sunrise’s first foray into Perth.
Overseas property earnings advanced 68%, contributing to the 22% overall profit growth.
Under the SPA, Pharmaniaga Logistics has already paid a 10% deposit of RM3 million, with the remaining RM27 million to be settled in installments as stipulated in the agreement.
The mixed housing project in Kubang Pasu, Kedah, will have a gross development value (GDV) of RM663.
The Setia4Malaysia Unity Run 2025 attracted nearly 1,000 runners who gathered at dawn to participate in three race categories: the 3km family run, the 10km challenge, and the 21km half marathon.
Sunway will assume ownership of MCL Land and its subsidiaries, including ongoing development projects in Singapore as well as its portfolio of income-generating and development assets in Malaysia.
Including the 2,500-acre land in Sungai Jernih, the group has a total land bank of 2,815 acres.