Acme Holdings Bhd and Koperasi Kampung Melayu Balik Pulau Bhd (KKMBPB) will jointly create a multi-phased integrated complex on 178.34 acres of land in Penang. In a filing with the stock exchange on November 7, the manufacturing and property development company said that the land’s estimated minimum gross development value (GDV) is RM1.4 billion. Acme...
Read moreKUALA LUMPUR (Nov 4): S&F Capital Bhd (previously known as Leweko Resources Bhd) is acquiring 9.44 acres of land near Kulim Hi-Tech Park (KHTP) in Kedah for RM7.4 million. The group said its 55%-owned subsidiary is buying the freehold land in Tempat Naga Lilit from Balkhis Othman and Siti Hawa Othman. “The land has an upside potential in terms...
Read moreKUALA LUMPUR (Nov 2): Pavilion Damansara Heights Mall is ready to open and welcome customers by May 2023. According to a media release, the integrated development has more than 70% of its retail space “committed by tenants as to date”. The 129 confirmed tenants include Harvey Norman, Swarovski, Karl Lagerfeld, A Cut Above by Aveda,...
Read moreKUALA LUMPUR (Nov 2): Inta Bina Group Bhd has bagged an RM87.92 million contract from Eco Sanctuary Sdn Bhd to construct apartments in Kuala Langat district in Selangor. It would be building 107 apartment units in a two-storey walk-up block and 294 units in a 21-storey tower, the group said, adding that the construction period is 24 months...
Read moreKUALA LUMPUR (Oct 27): Tenaga Nasional Bhd (TNB) and Gamuda Land have entered into a strategic partnership to build two electron stations for electric vehicle (EV) charging at the latter’s property projects in Selangor. The two companies today inked a memorandum of understanding (MoU) to develop Malaysia’s electron stations at Gamuda Cove in Southern Klang Valley and Gamuda...
Read moreKUALA LUMPUR (Oct 21): Seni Jaya Corp Bhd is disposing of five parcels of shop offices located in Jalan Raja Abdullah, Kuala Lumpur for RM11.5 million, as part of the group’s business transformation plan to rationalise non-core assets and unlock their value. In a Bursa Malaysia filing on Friday (Oct 21), Seni Jaya said its wholly owned subsidiary...
Read moreKUALA LUMPUR (Oct 28): Building materials and machinery company Knusford Bhd is disposing of a commercial land in Ulu Langat, Selangor to electric, building and general contractors LKC Ventures Sdn Bhd for RM14.63 million cash. In a filing on Friday (Oct 28), Knusford said its wholly-owned subsidiary D-Hill Sdn Bhd entered into a sale and purchase agreement with...
Read moreKUALA LUMPUR (Oct 26): Real estate developer Jiankun International Bhd has entered into a joint development agreement (JDA) with NTL International Holdings (M) Sdn Bhd, a freehold land owner in Semenyih, to develop a serviced apartment with a gross development value of RM215.1 million — more than three times Jiankun’s current market value. Jiankun said the...
Read moreKUALA LUMPUR (Oct 25): Advancecon Holdings Bhd’s 51%-owned indirect subsidiary Spring Energy Sdn Bhd (SESB) is disposing of a piece of land in Kedah to plastic packaging manufacturer Thong Guan Industries Bhd for RM34 million or RM9.95 per sq ft. Measuring 317,300 sq m, the freehold vacant industrial land is located in Bandar Gurun in Kuala Muda. In...
Read moreJiankun International Berhad (JKI) plans to construct service apartments and affordable houses worth a total of RM215.1 million on a freehold parcel of land in Semenyih, Selangor. A joint development agreement (JDA) has been signed between JKI’s wholly-owned subsidiary Nagamas Bizworks Sdn Bhd, and the landowner NTL International Sbd Bhd. The project in Taman Anggerik,...
Read more
中文