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.
The transit-oriented development project will add 19% to MRCB’s total remaining gross development value (GDV), for it to reach RM38.
Axis REIT Managers Bhd chief executive officer and executive director Leong Kit May shared that the REIT is currently in closed talks with potential acquisition targets valued at RM300 million with heavy inclination towards industrial.
Malaysia offers a more competitive environment compared to Singapore while still providing easy access to Singapore's financial and professional resources.
Home financing solutions will be offered by AFFIN BANK to homebuyers of TH Properties’ current developments, namely Bandar Enstek, Warisan Puteri 2, and Padang Residences.
“Anyone interested in starting a career in real estate should enter it with the mindset to solve problems for their clients.
The RM456 million project has faced several delays, with the previous targeted operational date being Jan 31 this year.
Its distributable income for 4QFY2024 amounted to RM92.
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