MPI to see net gain of RM99.2m from Penang land sale
The proposed disposal is expected to be completed in the second half of 2025.
The proposed disposal is expected to be completed in the second half of 2025.
The sale of the land by Matrix Concepts' 85%-owned subsidiary, N9 Matrix Development Sdn Bhd, to Kuntum Kemuning Sdn Bhd, a company involved in property investments, is deemed a related-party deal as Matrix Concepts’ managing director Ho Kong Soon is also the sole shareholder of Kuntum Kemuning.
DONE DEAL: Bungalow, Ledang Heights, Nusajaya, Johor DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur In terms of income demographics, Bukit Bintang has 39.
In the report, the international real estate consultancy firm also highlighted that the Asia-Pacific office market saw a 1.
Binastra said this contract represents its first accomplishment for the new financial year ending Jan 31, 2026 (FY2026).
The business will provide IJM Corp with recurring income once operations commence in the first quarter of 2027, said its chief executive officer Datuk Lee Chun Fai.
Teen was charged in July 2020 with bribing Malaysian officials to secure the sale of Dudley House to Mara as well as four counts of false accounting related to the sale.
DONE DEAL: Bungalow, Ledang Heights, Nusajaya, Johor DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur Although Mont’Kiara is now a pretty mature neighbourhood, there are still approximately 30.
Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.
The contract is deemed a related-party transaction as Casa Inspirasi is an indirect subsidiary of LBS Bina, while LBS Bina's group executive chairman and largest shareholder Tan Sri Lim Hock San is also MGB’s group executive chairman.