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The land is located at Eco Business Park II in Senai, Iskandar Malaysia.

Cheras semidee sold within 3 months | DONE DEAL Mont’Kiara condo with view of KLCC (Ooak Suites) sold | DONE DEAL Titiwangsa has seen a marked increase in average transacted prices for landed properties, with a 40.

“There’s a lot of effort going into monetising the three campuses, the hotel and the office.

“But we are now re-studying whether we could do a whole redevelopment.

"To resolve this, we have devised a plan to determine which assets LTAT should retain a larger direct shareholding in and which should remain under Boustead’s management.

The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.

The largest contract, valued at RM100 million, was awarded by Uni Land Sdn Bhd for works on a 456-room hotel at Empire City.

The company is seeking its shareholders’ approval for the proposed business diversification, as the property development is expected to contribute at least 25% to its net profits and net assets in the future.

Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.

Asian Pac said the proposed acquisition aligns with its strategy to invest in retail malls, with the objective of increasing net property income.