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The purchases, it said, are in line with its strategy of  acquiring land bank at locations near to its existing factories for investment or future expansion.

The group had said that its property segment's profit before tax increased 326% year-on-year to RM29.

DONE DEAL: Industrial land, Semenyih, Selangor DONE DEAL: Factory, Mukim Bukit Raja, Selangor The office is located at the renowned KL Eco City, a mixed-use development, situated along Jalan Bangsar.

“To have welcomed more than five million people down since the landmark opened has been a huge achievement and we look forward to welcoming more visitors throughout 2023 to discover the new stores opening, a greater food and drink offering, as well as lots of unique and family friendly events.

The collaboration will allow homebuyers to "leverage Alliance Bank’s sustainable mortgage financing packages for green-certified Sunway projects”.

Many developers under the research house’s coverage have become more upbeat on the property market this year, in view of their more aggressive launching pipelines and sales targets.

This slashed his direct shareholding in BLand to 33.

“The increase in UDA’s equity to RM500 million will also reduce the debt-to-equity ratio by 60.

Through the collaboration, Mah Sing will support CECC by extending its expertise in manufacturing and property development.

The two parties have formed a joint venture company Sunsuria IAT (M) Sdn Bhd, which is 51%-owned by Sunsuria, while the IAT holds the remaining 49%.