Eden's major shareholder proposes land transfer to settle RM45.65m debt owed to company
On transfer of the land to Eden's unit Stratavest Sdn Bhd (STV), Eden will pay ZESB the balance of the land value, net of the debt, that amounts to RM4.
Fajarbaru Builder bags RM252m construction job in Johor Bahru from WCT
This is not the first time Fajarbaru has won a contract from WCT.
CLMT’s 1Q net property income jumps 63% to RM64m, DPU up 37%
Revenue for the quarter ended March 31, 2024 (1QFY2024) rose 42.
I-Bhd to raise RM100m from preference share issue
The proposal calls for the issuance of up to 100 million redeemable preference shares to Sumurwang Sdn Bhd at RM1 apiece, according to an exchange filing.
AME REIT’s 4Q net property income jumps 12%, declares 1.87 sen distribution per unit
During the quarter, AME REIT registered RM12.
Suria KLCC shrugs off competition from new malls, with occupancy rate hitting 98% at end-2023
Suria KLCC recently become a wholly owned subsidiary of KLCCP, after it bought the remaining 40% stake in the mall for RM1.
OCR Group inks JV agreement for residential development in Rawang
OCR said that under the joint-venture (JV) agreement, the landowner, Lecca Properties (M) Sdn Bhd, stands to gain RM45 million for partnering with the developer.
Mah Sing's land acquisition for M Azura has become unconditional
M Azura will be accessible via Jalan Genting Kelang, the Middle Ring Road 2, Duke Expressway and Jalan Tun Razak.
YNH aborts sale of Segambut land, appoints Chin Hin Group Property to develop it instead
Chin Hin is to develop a 2,434-unit serviced apartment on the plot, which it estimated will cost about RM575 million.
DONE DEAL: Commercial complex, Viva Mall, Cheras, Kuala Lumpur
DONE DEAL: Office, Megan Avenue 1, Jalan Tun Razak, Kuala Lumpur DONE DEAL: Serviced residence, Tropicana The Residences, Jalan Ampang, Kuala Lumpur Southeast of KLCC, in between Ampang and Kajang, is Cheras.
