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The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.

PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.

These were part of efforts to garner support for EdgePropSTART's featured projects – Curvo Residences by SkyWorld Development and The Era 2 by JKG Land.

Magna Prima said the disposal consideration of RM65 million was arrived at after taking into account the negative net current liabilities of RM68.

Fitters said that the disposal between its indirect wholly-owned subsidiary — Rasa Anggun Development Sdn Bhd — and Aikbee had been terminated due to Aikbee’s failure to pay the balance purchase price on or before the extended completion date.

Running from Aug 3 to 6 (Thursday to Sunday) in Central I-City, the 4-day Rehda Selangor's Mapex Selangor Barat 2023 showcases property developments while fostering meaningful industry dialogue, mainly focusing on sustainability, affordability and community well-being.

The residential property market staged a strong rebound in 2022 with a 22.

The land is directly next to the LATAR Expressway or Kuala Lumpur-Kuala Selangor Expressway, and within one-hour reach to both KLIA and Port Klang.

While the termination of the controversial Petaling Jaya Dispersal (PJD) Link was welcomed by many Petaling Jaya residents and non-governmental organisations who have been calling for the project to be scrapped due to environmental and social concerns, Parti Pribumi Bersatu Malaysia (Bersatu), one of the main component parties of Perikatan Nasional (PN), has questioned the right of the caretaker Selangor government led by Menteri Besar Datuk Seri Amirudin Shari in making such an impactful decision ahead of the polls.

AWC said its unit Qudotech Sdn Bhd had on Aug 2 accepted the letter of award from CBTech (M) Sdn Bhd for the project's water and sanitary plumbing system and rainwater downpipe system for CB Land Sdn Bhd.