The 34 sen apiece offer from the three shareholders—including the construction company’s managing director and largest shareholder Datuk Liew Foo Heen, second largest shareholder Datuk Soo Sze Ching and executive director Wong Sai Kit—who control an over 70% stake in the company, only received 69,200 shares or a 0.
The programme will have a perpetual tenure and allows for the issuance of medium-term notes of up to RM2 billion.
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.
EBP 7 carries a gross development value of about RM3 billion and forms a major component of MVV 2.
The sale covers one leasehold parcel (expiring in 2099) and one freehold parcel, both currently vacant.
Taghill—formerly known as Siab Holdings Bhd—said its units Siab (M) Sdn Bhd (SMSB) and Siab Construction Sdn Bhd (SCSB) are seeking to reorganise their debts and business operations “to better serve the interests of creditors under court supervision, safeguard employment and enable a more advantageous realisation of assets compared to a winding-up scenario”.
Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.
Central region already benefits from an established network of suppliers, logistics providers, testing laboratories, higher-learning institutions, and innovation partners.
Meanwhile, the industrial segment also delivered strong growth, bolstered by Sunway REIT Industrial—Prai, which was acquired in October 2024.
The notice of application was filed with the Shah Alam High Court on Nov 6 by the landowner, Subramaniam Seenivasagam.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
