Luxchem invests in five leasehold plots in Klang for RM45.6m
The five plots, measuring a total 40,340 sqm, come with a nine-year tenancy agreement that generates annual rental income of RM2.
The five plots, measuring a total 40,340 sqm, come with a nine-year tenancy agreement that generates annual rental income of RM2.
Roz Mawar said that although Hydroshoppe and Menara KL tried to amend their lawsuit, they still failed to clearly explain their claims against the three companies.
All units are designed for multigenerational living, with layouts that include family areas, private terraces, powder rooms and rooftop openings in selected penthouses.
Scheduled to be launched in October 2025, SPEED Selangor is expected to shorten processing times at the local authority (PBT) level.
The anti-graft agency said in a statement on Friday that the notices—issued on July 10—are “for the purpose of tracing and verifying asset ownership”.
The property includes a two-storey factory, a three-storey office block, a two-storey warehouse, and a guardhouse, situated on approximately 6,182 sq m of land.
This marks the second land acquisition involving Avaland and Tan Chong Group this month.
Taking the stand as part of court proceedings on assessing "mesne profits" that is to be paid out to Semantan Estate Sdn Bhd, Nurzahirah Umar said that zoning was one of nine factors she considered when determining the market value of the 263.
Among the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000.
According to AZRB's bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings.