The property developer announced in a bourse filing on Friday that it is buying Sunrich Victory Sdn Bhd from PP Chin Hin Realty Sdn Bhd, with whom CHGP share common directors and major shareholders, namely Datuk Seri Chiau Beng Teik and his children Datuk Wira Chiau Haw Choon and Shelly Chiau Yee Wern.
The job, which involves site clearance, earthworks, piling, pile caps, transfer beams, retaining wall and a sub-basement, was awarded to the company’s wholly owned unit Econpile (M) Sdn Bhd, according to the builder’s bourse filing on Friday.
The cost of investment of the land, including land acquisition cost, other development and finance cost capitalised up to Jan 31, 2025 was RM12.
The beckoning of the sea is somehow irresistible.
The scope of works covers the construction, completion, testing and commissioning of two data centre blocks (shell and core), a consumer substation, a water reservoir, as well as related infrastructure and ancillary facilities.
Nexus Industrial Hub is a freehold light industrial development located in Jawi, Nibong Tebal, Penang, within proximity to Sungai Bakap and the thriving Batu Kawan Industrial Park.
Majestic Kiara Reserve is a low-density, freehold residential enclave framed by the lush Bukit Kiara Forest Reserve.
This year’s IGBC introduced the Academia Participation Sponsorship Programme (APSP), which enabled more than 100 students and lecturers from 12 universities nationwide to attend, supported by RM100,000 in industry sponsorships.
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