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Eco Business Park V attracts 11 new businesses to Puncak Alam

KUALA LUMPUR: Eco World Development Group Bhd’s largest green business park, Eco Business Park V (EBP V) has signed agreements with 11 new companies for the purchase of land and factory lots. A memorandum of understanding (MoU) was also signed between EcoWorld and GoldenHome Living Co Ltd. to establish a strategic partnership in providing housing furniture...

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Mah Sing close to developing RM3.3bil township

KUALA LUMPUR: Mah Sing Group Bhd has moved a step closer in its plan to develop an integrated township in Beranang, Selangor, with an estimated gross development value of RM3.3bil, following the fulfilment of the conditions precedent of the land sale and purchase agreements (SPAs). In a filing with Bursa Malaysia yesterday, the property developer said the...

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Jland, ALPS team up to develop biotech hub in Johor

PETALING JAYA: The real estate and infrastructure arm of Johor Corporation (JCorp), JLand Group Sdn Bhd has inked a memorandum of understanding with biotechnology powerhouse ALPS Global Holding Bhd (ALPS) to develop a biotechnology hub at Ibrahim Technopolis (IBTEC) in Sedenak, Johor. In a joint statement, both companies said the impending development of the biotechnology...

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IWC Unveils RM4.3 Billion Master Development Plan for the Next Decade

KUALA LUMPUR – Iskandar Waterfront City Berhad (IWCITY), a prominent real estate developer, is proud to announce its strategic master development plan for the next 10 years. With a landbank of approximately 1,000 acres holding freehold status, IWCITY is poised for significant growth and development. The company’s development pipeline includes the phased development of 146 acres, with a total Gross Development Value...

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Penang offers Byram land for JV project via open tender

GEORGE TOWN: Penang has invited experienced companies to co-develop an industrial park in Batu Kawan, which was previously mired in controversy, through an open tender. Chief minister Chow Kon Yeow said the Batu Kawan Industrial Park Phase 2 (BKIP 2) project will now be jointly developed by the Penang Development Corporation (PDC) and the private...

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UEM Sunrise units ink deals to dispose of Johor lands for RM146.1mil

KUALA LUMPUR: UEM Sunrise Bhd has announced that three of its indirect wholly-owned subsidiaries have inked eight deals to dispose of about 46.9ha of freehold lands to PGB Landmark Sdn Bhd, a subsidiary of Paragon Globe Bhd, for a combined RM146.1mil. Nusajaya Rise Sdn Bhd and Symphony Hills Sdn Bhd collectively signed five sales and purchase agreements for...

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SNC inks RM1.8bil property deal with businessman Tedy Teow

PETALING JAYA: Furniture manufacturing and property group Sand Nisko Capital Bhd (SNC) has unveiled plans to develop a RM1.75 billion mixed development project in Melaka in partnership with colourful businessman Tedy Teow. Teow is the Penang-born founder of the Mobility Beyond Imagination Group (MBI). In a Bursa Malaysia filing yesterday, SNC said its wholly-owned subsidiary,...

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