News by M

In a bourse filing, BLand said its 80%-owned subsidiary, BDS Smart City Co Ltd, has served a written notice on the Yangon Region Government (YRG) to terminate the concession agreement due to non-fulfilment of conditions. The agreement was signed on Feb 7, 2020.

Noteworthy:

• Freehold

• Built-up: 2,370 sq ft

• Land size: 3,412 sq ft

• Four bedrooms, four bathrooms

• Unfurnished

• Accesibility: MRT Pusat Bandar Damansara, Damansara City Mall, easy accessibility via Jalan Semantan, Jalan Damansara, Jalan Tuanku Abdul Halim, SPRINT Highway and Penchala Link

When: January 2022

In a bourse filing on Wednesday (March 2), TCS said its wholly-owned subsidiary TCS Construction Sdn Bhd accepted the letter of award from Remedy on Tuesday.

Originally only a two-storey, the house was renovated and extended with an additional floor. Altogether, the terraced house has a total floor area of 3,000 sq ft sitting on a 1,575 sq ft of land area.

In a statement, Rehda acting president Datuk N K Tong (pictured) recognised the intention behind the proposed RTA that aims to facilitate some issues arising in the market. However, such an act should take into account the fact that not all tenants and landlords have the same needs and capabilities, and require different levels of protection, particularly tenants from the B40 group.

RHB pointed out that five sectors beat expectations in the recent corporate results — including the bellwether banking sector, plantation, auto, NBFI (non bank lenders) and property — which trumped the two sectors that disappointed (gloves and consumer).

Noteworthy:

• Freehold

• Built-up: 7,520 sq ft

• Land size: 2,850 sq ft

• Six bathrooms

• Unfurnished

• Accessible via Kajang Dispersal Link Expressway, Cheras-Kajang Expressway, Sungai Besi Expressway and North-South Expressway

When: November 2021

Ireka first triggered the criteria for PN17 under Bursa's Main Market Listing Requirements in August 2020, after its auditors highlighted a material uncertainty relating to its ability to continue as a going concern regarding its audited financial statements for the financial year ended March 31, 2020 (FY20), and its shareholders’ equity had fallen to RM77.51 million or 42.67% of its RM181.29 million share capital as at end FY20, which was below the required 50% threshold.

According to a press statement on Tuesday (Mar 1), Yong will assume leadership of the business in Malaysia, driving the strategy, growth and operations across Lendlease’s development, investments and construction businesses in the country. The appointment follows incumbent Stuart Mendel’s return to Australia after seven years in Malaysia.

In a statement Tuesday (March 1), the developer said Phase 1A1 was launched during the second quarter of last year, while Phase 1A2 was soft-launched in January 2022.