“The proposed disposal consideration for the 49% stake to Choo Peng Hung has not been finalised and remains subject to ongoing negotiations,” the company said, adding that the final terms including the disposal price will be set out in a definitive agreement between the parties.
In a filing with Bursa Malaysia, Gamuda said the provisional tender result was announced by Singapore’s Housing and Development Board (HDB) after the tender closed on Thursday.
Located within the Kota Kemuning industrial estate and in close proximity to the group’s existing facilities, Unique Fire said the land is expected to enhance operational efficiency and improve coordination of resources once developed.
Proceeds from the debt notes to be issued under the programme will finance the REIT’s investment activities, refinance maturing sukuk wakalah under the programme, and fund requisite deposit in a sukuk trustee reimbursement account.
Artist’s impression Chirping birds, crisp air, and calming waters—these are what make up a sanctuary in the real sense of the word, where the body finds rest and the soul finds peace.
Low also underscored the statutory role of the sinking fund under the SMA, cautioning against its misuse, and recommended clearer maintenance schedules such as repainting every six years and waterproofing every 10 years.
The planned township has an estimated gross development value (GDV) of RM650 million and will be developed in phases over 12 years, with groundbreaking targeted for the first quarter of 2027.
The win is the second by the 35:65 joint venture of Sunway and Sing Holdings in Chuan Grove, coming on the heels of its acquisition of an adjacent parcel measuring 3.
The campus in Sedenak Tech Park is part of Yondr Group’s portfolio recently acquired by DigitalBridge Group Inc, which is also one of Vantage’s largest investors.
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.
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