HIL Industries to buy property firm for RM46 mil in related party deal
The moulded plastic products maker and property developer said it is acquiring Broadwise Corporation Sdn Bhd (BCSB) via its wholly owned subsidiary, Amverton Prop Sdn Bhd, for RM46 million.
LRT3 on track to be completed by March 2025, says RHB Research
As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.
PJ City Council gets leave to appeal over resident payments in residential areas
The Parkville RA filed the judicial review through its chairman, seeking a declaration that the RA is entitled to impose a rule that non-paying owners and residents or non-members of the association in the residential area would operate the boom gates themselves without the assistance of the security guards.
WORQ targets to achieve RM40 mil in Series B fundraising for space expansion
WORQ said the funding raised will be fully utilised for space expansion and that WORQ is currently on track to double its space under management by end-2023 and aims to triple that space to 450,000 sq ft by 2025.
DONE DEAL: Shop, Netizen Residensi, Cheras, Selangor
DONE DEAL: Terrace house, Alam Impian, Selangor DONE DEAL: Condominium unit, Le Yuan Residence, Happy Garden, Kuchai Lama, Kuala Lumpur Located at Taman Cheras Perdana, the property is surrounded by an array of amenities and easily accessible highways.
71-year-old senior citizen wins RM500k Setia Fontaines terrace home sponsored by S P Setia
Apart from the grand prize sponsorship, as the ‘Rakan Premier’ for MSAM 2023, S P Setia supported the programme by sponsoring the venue at Setia Fontaines and electrical goods for the daily lucky draw.
Bina Puri’s unit gets winding-up petition
Due to a default payment amounting to RM198,116.
Weakness in recording, monitoring and enforcement cost Railway Assets Corp RM13m in rental revenue
Furthermore, audit checks uncovered that 54 rental offer letters had been returned by tenants, but rental agreements had not been prepared.