Lagenda 1Q profit grows 4%, doubles FY2025 property launch target
Revenue for the quarter climbed 17.
Revenue for the quarter climbed 17.
IOI Properties also received Certified Green Building Index (GBI) rating under the GBI Non-Residential New Construction: Hotel (NRNC: Hotel) category for its 480-room Moxy Putrajaya that is linked to IOI City Mall, as well as GBI Silver rating for its IOI City Towers 1 and 2.
This follows the recent signing of a Sale and Purchase Agreement between Kwasa Land and ECM Kwasa Damansara Sdn Bhd, a subsidiary of Educ8, for the acquisition of the 11.
Titijaya said the location of the two assets—offering strong connectivity to both UMS and the upcoming Hospital UMS—makes the area a highly desirable locality in Kota Kinabalu.
Kerjaya Prospek said the acquisition will be executed by its subsidiary, Kerjaya Prospek Ventures Sdn Bhd (KPV), which has entered into a subscription and shareholders’ agreement (SSA) with three Singapore-listed Aspen (Group) Holdings Ltd’s subsidiaries, namely AVL, Aspen Vision Development Sdn Bhd (AVD) and Aspen Vision All Sdn Bhd (AVA).
IJM Land chief executive officer Datuk Tony Ling: “The park has been thoughtfully designed with biodiversity-friendly landscaping featuring trees and pollinator gardens, incorporating over 30 plant species.
One Oval marks a key step in the transformation of the historic Subiaco Oval precinct.
Two of the joint-venture projects will be located in Selangor—one in Pulau Indah and another in Ulu Yam—while the third will be in Rantau, Negeri Sembilan.
The development’s strategic location and accessibility have supported buyer interest, with proximity to Jalan Gelang Patah (0.
To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.