News by EDGEPROP.MY

Titijaya Land Bhd said its wholly owned subsidiary, Shah Alam City Centre Sdn Bhd (SACC), has obtained leave from the Shah Alam High Court to proceed with a judicial review application against an additional tax assessment of RM9.596 million, inclusive of penalties, raised by the Director General of Inland Revenue.

Sime Darby Property Bhd will inject up to RM100 million into its 50:50 joint venture with SD Guthrie Bhd to fund the acquisition of 1,021.93 acres of freehold agricultural land in Mukim Jeram, District of Kuala Selangor, marking the next implementation phase of the partners' planned industrial development corridor.

Plenitude Bhd has introduced Mandolin Residences, a 712-unit freehold serviced apartment development in Taman Desa Tebrau, Johor Bahru, as the group introduces a high-rise residential offering within the established township.

Senai Airport City Sdn Bhd (SAC) is expanding its advanced manufacturing ecosystem in its Senai Airport City integrated industrial development in Johor with Priver Technology (M) Sdn Bhd’s new manufacturing facility.

SkyWorld Development Bhd has broken ground on SkySOLIS, its first residential development outside Malaysia, marking its entry into the Vietnam property market under its SkyWorld 2040 long-term strategic plan.

Penang-based PTL Properties has opened the sales gallery for The Rimbun, a 664-unit freehold townhouse development in Bukit Mertajam, Penang, where indicative prices start from RM400,000.

Paragon Globe Bhd (PGB), via its wholly owned subsidiary PGB Gardens Sdn Bhd (PGSB), has proposed to acquire a combined 841/1,000 undivided beneficial interest in a freehold land parcel in Sedenak, Kulai, Johor for RM141.14 million, as the group explores an integrated industrial park development with an estimated gross development value (GDV) of RM1.69 billion.

Lagenda Properties Bhd has proposed to inject its construction business into Epicon Bhd via the disposal of 60% stakes in two wholly owned construction subsidiaries for RM543.16 million, in a related party transaction that will result in Epicon becoming a 62.79%-owned subsidiary of Lagenda upon completion.

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