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The facilities, secured by wholly owned unit Mizumi Maxim Sdn Bhd, are to partly finance the development on a 3.

Its wholly owned subsidiary, Kota Platinum Sdn Bhd, on Monday signed a sale and purchase agreement with Salcon’s wholly owned unit, Salcon Development Sdn Bhd (SDSB), and Datuk Ding Pei Chai to acquire the entire equity interest in Prestasi Kemas Sdn Bhd (PKSB).

Setia4Malaysia Unity Fest 2025 events will take place concurrently for the first time across selected flagship townships on 6 to 7 Sept 2025, including Setia Eco Gardens, Setia Bayuemas, Setia Alamsari, KL Eco City, Setia Alam Impian, Setia Eco Glades, Setia Warisan Tropika, and internationally in Setia Vietnam and Setia Melbourne.

The legislation, also known as Act 118, currently does not cover commercial projects such as shop lots and offices, while only regulating residential projects by requiring developers to obtain licences with strict conditions, said Housing and Local Government Minister Nga Kor Ming.

The company disclosed that its wholly owned subsidiary, ECML Hotels Sdn Bhd, executed a conditional sale and purchase agreement with Wealthpro Holdings Sdn Bhd for the disposal of the 258-room hotel.

Turiya, in a filing with Bursa Malaysia, said it is buying the 31-year-old office building from Sentral Real Estate Investment Trust (REIT) (KL:SENTRAL) to boost revenue, quickly attract tenants, and diversify income away from its semiconductor business.

Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.

Datuk Zaini Yusoff, who joined S P Setia from I&P Group Sdn Bhd in 2017, has been serving as chief operating officer since 2023.

“This type of financing is particularly attractive for buyers looking to move in immediately, allowing them to fully furnish their homes to their taste.

The subsidiaries, which Chin Hin acquired between 2004 and 2015 for a total cost of investment amounting to RM64.