News about l

PENANG (Feb 4): Mah Sing Group has been appointed as the financier to support the revival and completion of two Rumah Mutiaraku (RMKU) affordable housing projects in Balik Pulau, Penang, namely Pangsapuri Sri Bayu and Pangsapuri Quinton.

Taman Perigi Nenas is a residential housing development by Etaway Group, an established local housing developer founded in 2014 with experience in delivering affordable landed homes for the Bumiputera market.

KUALA LUMPUR (Feb 4): Lagenda Properties Bhd (KL:LAGENDA) is about to see an acceleration in earnings over the next two years from robust demand for affordable homes, said CGS International.

PUTRAJAYA (Feb 4): The Court of Appeal last week dismissed an appeal by a landowner-cum-developer for loss of profit/business disturbance following the acquisition of almost two acres of its 4.

KUALA LUMPUR (Feb 4): Sarawak Consolidated Industries Bhd (KL:SCIB) has cancelled its RM49 million financing facilities after the board determined that the facilities were no longer required following the group’s disposal of its indirect wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM).

KUALA LUMPUR (Feb 4): AME Elite Consortium Bhd (KL:AME) has secured a RM214.

KUALA LUMPUR (Feb 4): Glomac Bhd has announced the appointment of FD Idzham Datuk Seri FD Iskandar, 28, as group executive director, effective Feb 3, marking the entry of the third generation into the property developer’s leadership.

KUALA LUMPUR (Feb 4): GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.

Damai Gayana, Kuala Lumpur semidee house sold for RM1.

KUALA LUMPUR (Feb 3): Sentoria Group Bhd has filed a writ at the High Court of Malaya against OCBC Bank (Malaysia) Bhd, seeking to nullify corporate guarantees related to two of its subsidiaries.