Genting to privatise Genting Malaysia in RM2.35-per-share buyout
The buyout comes at a time when Genting Malaysia is bidding for a casino licence in New York as part of a US$5.
The buyout comes at a time when Genting Malaysia is bidding for a casino licence in New York as part of a US$5.
Commercial activity has become a focal point of Sri Petaling’s transformation—prime stretches are now commanding some of the highest commercial values in the area, while tenants unable to keep up with rising rental rates have sought second-tier premises as alternatives.
GameOn was recognised by the Malaysia Book of Records as Malaysia’s fastest-growing entertainment centre, earning the award for “Most Edutainment Centres Launched in a Year” with the opening of eight outlets in 18 months.
D’Marina Bayu will be part of the larger township of Residensi D’Marina that promotes promote sustainable and connected living.
The Ayu Residences comprises 11-storey low-rise blocks, beginning with Block 1, which is now available.
The freehold project is located about 3km from the upcoming Johor Bahru–Singapore Rapid Transit System (RTS) Link and next to Sunway Commercial Square.
“With Sunway Cochrane, we are setting a new benchmark for transit-oriented developments (TODs) in Kuala Lumpur by placing direct MRT access, GreenRE compliance, and future-ready features such as electric vehicle (EV) charging at the heart of the design.
The freehold high-rise mixed development comprises a 33-storey serviced apartment tower with 494 units and 10 commercial shoplots, with a gross development value (GDV) of RM309 million.
The MOU follows Golog’s recent strategic cooperation agreements with China Henan Aviation Group Co Ltd that were signed on Sept 18 to strengthen industrial park development and enhance air cargo capacity between China and Malaysia.
"Here, each resident can own up to one acre, with the freedom to create a secure, self-sustained home environment.