Jiankun said the proposed acquisition is expected to provide the group an opportunity to venture into property development in the northern part of Peninsular Malaysia and contribute positively to the group's revenue and profitability.
The acquisition consideration will be satisfied through the disposal of malls and several residential units to PKNS, and funding through internally generated funds.
Event to foster and strengthen transfer of knowledge between architects and the built industry KUALA LUMPUR (Dec 22): UEM Sunrise Bhd recently collaborated with the Kuala Lumpur Architectural Festival to organise the KLAF Design Charrettes 2023.
HBMK successfully forms subsidiary management corporation for Menara UOA Bangsar KUALA LUMPUR (Dec 22): Poorly managed property will affect the value of your property development versus a well-managed one.
The precision engineering parts maker, which is currently operating in six factories across Penang and Kedah, said it is buying the land to consolidate its production operations in Penang into a single premise for enhanced efficiency and potential cost savings.
In a filing to Bursa Malaysia, Epison said it has inked a consortium agreement with PCSB to establish a consortium to develop the housing project, Rumah Idaman MBI, that will have 2,251 housing units, and to explore future collaborations of such nature.
Kumpulan Jetson claimed that the number of shares held by certain requisitionists, namely Lee Yee Wee, Shaun Sai Wen Fei, Teo Chor Eng, Tey Giap Leong and Muhd Alamin Ramli, as at Dec 8, was wrongly stated in the notice.
The property developer said that under the deal, its 52.
The 60-storey building is located at the golden triangle area in the city centre, at No 8, Jalan Binjai.
BDB, as the land owner, will provide development rights to OIB to build the affordable housing scheme on a plot measuring 53.
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