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Block A has a total of 477 units with built-ups ranging from 560 sq ft to 1,050 sq ft with a starting price of RM294,000.

Aside from a land asset, the deal includes the sale of the two semi-detached buildings to Matang, which will be developed by Star Media at an estimated cost of RM14.

In a bourse filing on Tuesday (May 30), Axis REIT said its executive deputy chairman Datuk Abas Carl Gunnar Abdullah, 64, was promoted to executive chairman effective immediately, while its non-independent director Stephen Tew Peng Hwee@Teoh Peng Hwee, 62, will take over the role of deputy chairman.

The latest contract win brings Vestland’s total outstanding order book to about RM1.

The company is changing its financial year-end to June 30 from December 31, due to the change in internal operations.

The Kuala Lumpur-centric property developer said the RM3.

Powerhouse is part of Chelsea Waterfront, a luxury development located on the northern bank of the River Thames in the Royal Borough of Kensington and Chelsea.

Revenue from the hotel segment more than doubled to RM58.

Quarterly revenue rose 4.

The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.