In a filing with Bursa Malaysia on Monday (Aug 28), the property developer said that UEM Sunrise South Africa had entered into a sale of shares and claims agreement with Azishe Properties Proprietary Ltd for the proposed divestment.
For FY2023, IOI Properties said its property development segment achieved sales with contracts exchanged of RM1.
Last Friday, Prime Minister Datuk Seri Anwar Ibrahim reportedly said the government's bid to create a special financial zone in Forest City is meant to boost investment, growth and economic activities in Johor.
Sime Darby Property said it had recorded sales totalling RM1.
Since 2017, WORQ has fostered over 266 start-ups and 122 tech companies, emerging as the leading co-working space in Malaysia.
RHB Research said the designation of Forest City, which is close to the Second Link, as a special financial zone should revitalise the township, which had received a lot of negative attention over the last few years.
The commercial hub will encompass a hospital, medical mall, hotel, prime office building, convention centre, commercial retail units, service residences and a recreational park where Malay Traditional Culture and Islamic elements will be introduced in the design of the development KOTA BHARU (Aug 28): Developer Malvest Group has inked an MoU with Lagenda Tunjong Sdn Bhd to jointly develop the Tunjong Commercial Hub in Bandar Baru Tunjong, Kota Bharu, Kelantan.
The group said most of its business segments reported improved performance in FY2023 after the resumption of international and domestic travel and further relaxation of the Covid-19 restrictions.
Note that the dividend will be paid to GLL EWI (HK) Ltd, a wholly owned subsidiary of GuocoLand Ltd.
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