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In a separate note, Kenanga Research was favourable of Scientex Bhd’s acquisition of the Melaka land.

“By standardising our designs, we achieve economies of scale.

The upcoming location in TRX is poised to be the crown jewel of INFINITY8’s premium Reserve series, which aims to offer cutting-edge design and state-of-the-art amenities, targeting multi-national corporations and high-growth businesses seeking exclusive workspaces in Malaysia’s global financial hub KUALA LUMPUR (Jan 27): Homegrown co-working space provider INFINITY8 is set to launch a flagship location at the Tun Razak Exchange (TRX) in the second quarter of 2025.

The purchase price of RM1.

James Liew Vun Tak acquired an 11.

The purchaser, 4X Software Sdn Bhd, was unable to fulfill the stipulated condition precedent within the agreed timeline, which ended on Dec 26, 2024, according to AmanahRaya Kenedix REIT Manager Sdn Bhd, the REIT’s manager.

On Jan 13, SCIB announced that the RM162 million contract awarded to its wholly owned unit, SCIB Properties Sdn Bhd (SCIBP), from Awana JV Suria Saga Sdn Bhd in July 2024 as part of a debt settlement collapsed after Awana failed to fulfil a key condition precedent within the stipulated time frame.

Wisma Majujaya, based in Klang, filed the suit on May 16 last year at the Shah Alam High Court via Messrs Lim Chee Wee Partnership, where it is seeking a court order for the defendants to pay the sum of RM28.

The project includes four business blocks, one serviced apartment block, and a six-level podium parking structure with residential facilities.

Scientex said the acquisition will boost its existing landbank, which aligns with the company’s goal to build more affordable homes, according to its filing.