News about update

Arica is a 380-unit freehold serviced apartment development, offering unit built-ups ranging from 947 sq ft to 1,259 sq ft and priced from RM800,000.

Nexgram had signed the agreement in September last year to acquire the 218-room Wings By Croske Resort Langkawi from Croske Hotels Sdn Bhd and Flyboys Club Sdn Bhd via the issuance of convertible preference shares.

In a bourse filing on Thursday (March 9), Able Global said ADSB, being the vendor of the deal, had entered into a sale and purchase agreement with the purchaser Able Perfect Sdn Bhd (APSB).

Details on the loan tenure and interest rates were not disclosed in the Dewan Rakyat's order paper.

Jointly developed with Temokin Holdings Sdn Bhd, Tropicana Miyu comprises 271 units with built-ups from 600 sq ft to 2,183 sq ft.

“This proposed acquisition is in line with our strategy of replenishing our land bank at locations with strong growth potential and to scale up our property development activities to generate long-term sustainable income.

Located on Arang Road West, Kuching, SÓL Estate is the EXAL Group’s first foray into the Malaysian market.

The acquisition of the freehold land from Sisi Tasik Sdn Bhd is the group's second land buy in Kuala Lumpur following the purchase of another parcel of land in Seputeh that was announced on Feb 20, the group said.

The disposal will help to pare down bank borrowings and add working capital requirements for the group.

The group stated that if it fails to issue the outstanding financial statements within five market days after the expiry of relevant timeframes, Bursa Securities shall suspend trading in its securities with effect on the next market day.