Eco Business Park 7 secures early buyers, China collaboration; Business Ascend Forum underscores investment momentum
EBP7 was developed through a public–private partnership between EcoWorld, SD Guthrie Land Ventures Sdn Bhd and NS Corp.
EBP7 was developed through a public–private partnership between EcoWorld, SD Guthrie Land Ventures Sdn Bhd and NS Corp.
PGB plans to allocate the proceeds toward disposal-related expenses, partial repayment of bank borrowings and working capital.
Bayu Timur Residences will house a total of 518 units spread across four blocks.
The units have built-ups ranging from 953 to 1,527 sq ft and selling prices start from RM650 psf.
The property will mark both IHG’s brand debut in Malaysia under the Vignette Collection and its first hotel in the state of Pahang.
The transaction was executed via Dynamic Gates Sdn Bhd, a special purpose vehicle formed under Paramount Corporation Bhd’s earlier securitisation exercise, and the group plans to develop a high-rise project on the site as part of its broader expansion strategy in the Northern Region.
Vantage Data Centers said the new Cyberjaya data centre is fully leased to one customer, and the first campus there provides 31MW of critical IT load (power used only by essential IT equipment).
Advancecon said its wholly-owned subsidiary, Advancecon Infra Sdn Bhd, received the adjudication decision on Tuesday (Dec 2), with the adjudicator ordering CCC to pay RM3.
Bina Puri said the subsidiary is seeking legal and tax advice and will “take all necessary steps to oppose and defend against the petition”.
“The properties are expected to provide additional space for automation, warehousing and R&D [research and development], as well as consolidate operational activities by integrating the acquired properties with the existing factory,” Muar Ban Lee said.