Crescendo buys two plots of land in Johor Bahru for RM72m
Property developer Crescendo Corp Bhd (CCB) is buying two plots of freehold vacant land in Johor Bahru for RM72 million cash, tapping the “good development potential” there.
SCIB inks MOU to explore 'transport oriented development' in Jakarta
Sarawak Consolidated Industries Bhd (SCIB) signed an agreement with Indonesian mass rapid transit (MRT) operator PT MRT Jakarta (Perseroda) Tbk to explore potential partnership to develop transport-orientated development (TOD) in Jakarta.
DONE DEAL: Semi-detached factory, Semtec Park Semenyih, Selangor
Noteworthy:
- Freehold
- Built-up size: 7,000 sq ft
- Land size: N/A
- Unfurnished
- Nearby amenities: Convenience stores, schools, F&B outlets, Mydin Mall, Ecohill Mall
- Accessibility: Kajang-Seremban highway
When: December 2022
Hektar REIT to buy Kolej Yayasan Saad for RM150m
The 30-year lease on the buildings to KYSA Education Sdn Bhd, which started on June 22, will be novated to MTrustee upon completion of the deal via a deed of novation between the lessee, trustee and vendor.
To improve access to housing, govt to shift focus from ownership to rental
“A new rental tenancy regulation will be introduced to promote rental as an alternative to home ownership.”
UEM Sunrise to sell Kiara Bay land for RM85m, keep development rights
UEM Sunrise’s indirect unit Mega Legacy (M) Sdn Bhd (MLSB) is selling the land to Pembinaan Kery Sdn Bhd (PKSB), a unit of Melati Ehsan Holdings Bhd.
Family dispute over late Jamaluddin Jarjis’ estate goes to trial as settlement talks falls through
An ongoing dispute initiated by Tan Sri Jamaludin Jarjis’ widow Puan Sri Dr Kalsom Ismail for the late minister’s RM2.1 billion estate will go to trial, after settlement talks initiated in November last year failed to materialise.
E&O executive chairman and executive director increase their stake via conversion of ICULS
Eastern & Oriental Bhd (E&O) saw its executive chairman and executive director increase their stake in the group with the conversion of irredeemable convertible unsecured loan stocks (ICULS) to ordinary shares.
ECM Libra to buy beachfront land in Johor to grow hospitality segment
ECM Libra Group Bhd is to acquire two pieces of beachfront land in Johor for an aggregate RM36.86 million for future hospitality developments.
