Paramount sells rest of stake in education biz for lower price tag of RM120m
Paramount, whose core business is in property development, holds 30.
Paramount, whose core business is in property development, holds 30.
Fiamma announced that its chairman Datuk Bahar Ahmad, 72, and Lim, 64, have resigned from their respective positions, effective immediately.
Location is said to be the main deciding factor in a property purchase.
"Elmina Business Park offers versatility for businesses of any scale with options that range from ready-built factories to customisable built-to-lease industrial properties.
Malaysia’s CPI increased for the fifth consecutive month in August, coming at 4.
This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.
Sime Darby said its indirect wholly owned subsidiary Kumpulan Sime Darby Bhd (KSDB) has agreed to sell the 1,282-acre parcel for RM445 million.
The contract will commence on Dec 1 and is expected to have a positive contribution to the group from the financial year Dec 31, 2023 onwards.
The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a 14% equity interest.