News about myedgeprop

CIDB chief executive officer Datuk Ahmad ‘Asri Abdul Hamid: The launch of IBS Homes and IBS Homes Catalogue marks a turning point in the construction industry.

“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.

“I am cautiously optimistic on the Malaysia property market going forward in the short-term perspective.

Datuk Seri Sundarajoo Somu: This is something I’ve always been very passionate about and I want to do it for one term, at least.

The RM1.

The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.

PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.

These were part of efforts to garner support for EdgePropSTART's featured projects – Curvo Residences by SkyWorld Development and The Era 2 by JKG Land.

Magna Prima said the disposal consideration of RM65 million was arrived at after taking into account the negative net current liabilities of RM68.

Fitters said that the disposal between its indirect wholly-owned subsidiary — Rasa Anggun Development Sdn Bhd — and Aikbee had been terminated due to Aikbee’s failure to pay the balance purchase price on or before the extended completion date.