The 1,888 sq ft unit on the 60th floor of the tower will host distributors who achieve "specific sales and performance targets", with stays redeemable via accumulated sales value points, the company said in its filing with Bursa Malaysia on Tuesday.
The land is the site of an industrial park project with an estimated gross development value of between RM321 million and RM397 million, according to Citaglobal's previous announcement.
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.
Mohd Fadhli said more than two thirds of its increased cash reserves will be invested in property projects in Tapah, Ulu Kelang and Bentong, Pahang.
Bina Puri will also be appointed as the exclusive representative for Hanil’s products in Malaysia, while exploring expansion into other Southeast Asian markets.
Clarissa Residences brings a new dimension of luxury beachfront living to Langkawi, strategically located within the Tropicana Cenang integrated development.
Suria Heights is a prestigious freehold residential enclave spanning 116 acres within Bandar Sri Sendayan developed by BSS Development Sdn Bhd which is a subsidiary of MATRIX Concepts Holdings Berhad.
The land, it said, "can serve as an enlarged hub" for the Malaysian Research Accelerator for Technology & Innovation (MRANTI) Park, which is located 1.
The development will have two phases and include two-storey semi-detached, semi-detached and two-storey terrace houses.
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