In a sector update on Wednesday (Aug 17), the research house said the Sarawak government projects a capital injection of RM100 billion by 2028, envisioned to elevate the state into developed economy status.
DONE DEAL: Condo unit at Jalan U-Thant, Kuala Lumpur DONE DEAL: Factory unit at Compass @ Kota Seri Langat, Banting, Selangor This freehold land is situated in the Bukit Suria bungalow enclave in Kajang, Selangor – near Bandar Sungai Long, Cheras.
Swift Haulage said the exercise provides an opportunity to unlock and realise the value of the property, which represents part of its non-core assets, whilst providing a surplus cash flow arising from the sale of the property.
The cash call is expected to raise up to RM120.
MK Land is among the Large Scale Solar 4 (LSS4) @ MEnTARI programme project owners that have been granted PPA extension.
According to GuocoLand's Bursa Malaysia filing, revenue for the quarter grew 29.
The precast concrete product manufacturer said its wholly-owned subsidiary OKA Concrete Industries Sdn Bhd (OCI) had purchased the piece of land from vendors Hoe Siew Meng and Hoe Teck How.
The firm's properties that bagged the gold award were Solaris Mont' Kiara (above 10 years mixed-development category), Menara Bangkok Bank (below 10 years multiple-owned strata office), Guoco Tower (below 10 years single-owned office in a mixed strata), Star Residences (below 10 years multiple-owned strata residential), Sime Darby Motors City (below 10 years specialised category) and 3 Kia Peng Apartments (above 10 years multiple-owned strata residential).
Under the preliminary deal, JCorp's wholly-owned unit JLand Group Sdn Bhd agrees to provide 300 acres of land for the development and construction of logistics hubs, while Tiong Nam will implement the project and supervise the day-to-day progress.
Ivory Properties told Bursa Malaysia on Monday (Aug 15) that it had received a letter from ECK about the termination of the term sheet that the two companies inked on Aug 2, 2021 for the development.
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