Property developer IOI Properties Group Bhd plans to acquire five-star hotel W Kuala Lumpur (W KL) in Jalan Ampang, KL for RM270 million, cash, from property group Tropicana Corp Bhd.
Agrochemical businessman Datuk Eddie Ong Choo Meng has emerged as a substantial shareholder in Hektar Real Estate Investment Trust (Hektar REIT), after acquiring a 28.462% stake, or 143.9 million shares, in the company.
UniTapah Sdn Bhd, in which Crest Builder Holdings Bhd is buying the remaining 49% stake for RM43.61 million, has 11 years remaining on its maintenance works contract for the UiTM campus in Tapah, Perak.
MyEG Lodging (NC) Sdn Bhd, a subsidiary of e-government service provider MyEG Services Bhd, has signed a 30-year lease agreement with Penang Development Corp (PDC) to develop a foreign workers' village project worth RM108 million.
Land & General Bhd’s (L&G) The Wyn Residences in Puchong Jaya, Selangor has achieved a take-up rate of 35% since its official launch on Dec 3 (Sunday).
Sarawak is looking at potentially building two undersea transmission lines from the state to the peninsula and Singapore to strengthen its renewable energy agenda.
Malaysia Building Society Bhd (MBSB) has appointed Malaysian Industrial Development Finance Bhd (MIDF) chairman Tan Sri Abd Rahman Mamat and director Datuk Dr Yasmin Mahmood to the group’s board.
Advancecon Holdings Bhd has secured another earthworks contract from Sime Darby Property Bhd for the Bandar Bukit Raja project in Klang. The latest contract is valued at RM35.58 million.
The IPO involves the issuace of 218.03 million new ordinary shares, representing 31.69% of KJTS’s enlarged number of issued shares.
The platform, which was launched by the regulator on Monday, will act as a repository for disclosures in a prescribed format.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
