News about ra

PETALING JAYA (June 9): AmBank (M) Bhd, a wholly-owned subsidiary of AMMB Holdings Bhd, has signed a conditional sale and purchase agreement (SPA) to acquire Menara AmBank from AmFIRST Real Estate Investment Trust (AmFIRST REIT) for RM331 million cash.

KUALA LUMPUR (June 8): Radium Development Bhd has unveiled The Face Chancery Hotel, the hospitality component of its Chancery Ampang mixed-use development, marking the group’s maiden venture into the hotel sector.

KUALA LUMPUR (June 8): GD Properties has officially broken ground on KL360 @ Menara GD, a mixed-use development with a gross development value of RM1.

GEORGE TOWN (June 8): Construction of stations for the Mutiara Line Light Rail Transit (LRT) project is progressing steadily, with station designs currently awaiting approval from the Penang Island City Council, which is expected soon.

KUALA LUMPUR (June 6): Bina Puri Holdings Bhd (KL:BPURI) has defended its decision to complete its acquisition of a water treatment contractor prior to the finalisation of legal, financial and operational due diligence, saying contractual safeguards in a supplemental agreement were sufficient.

PETALING JAYA (June 6): Infraharta Holdings Bhd's efforts to enforce an adjudication award and costs totalling RM4.

SELANGOR (June 5): Myra, the residential property arm of Oriental Interest Bhd (OIB), has unveiled Myra Embun, a mixed development in Jenderam designed to serve the growing Putrajaya fringe.

PETALING JAYA (June 4): Sapura Industrial Bhd (SIB) has proposed to dispose of a vacant leasehold industrial land in Ayer Keroh, Melaka, to Loongsen Plastics (M) Sdn Bhd for RM10,477,260 in cash.

PETALING JAYA (June 4): Chin Hin Group Property Bhd (CHGP) is acquiring a factory and warehouse complex in Selangor Science Park 1 for RM92.

PETALING JAYA (June 3): Batu Kawan Bhd’s wholly owned subsidiary Whitmore Holdings Sdn Bhd has completed the first tranche of its acquisition of shares in MKH Bhd via a direct business transaction (DBT), as part of a proposed conditional mandatory take-over offer at RM2 per share.