News by theedgemalaysia.com

The additional RM4.7 billion allocation for the LRT3 project, as announced in Budget 2024, will be used for various purposes, according to Transport Minister Anthony Loke.

HIL Industries Bhd has proposed to acquire a three-acre piece of land in Kuala Lumpur for RM47 million cash to undertake  a condominium development.

IJM Land Bhd signed a memorandum of understanding (MOU) with OCBC Bank (Malaysia) Bhd on Wednesday to offer a Green Home Financing scheme that consists of competitive financing rates, fast turnaround upon approval, and a cashback programme to encourage green homeownership among homebuyers.

Singapore-based property management company Bespoke Habitat has marked its foray into the Malaysian market with its co-living space in Johor Bahru.

Chong Hong Chuon has officially assumed the role of the chief executive officer of AmREIT Managers Sdn Bhd, the manager of AmFIRST Real Estate Investment Trust (AmFIRST REIT), effective immediately.

Ireka Corp Bhd said its external auditor could not provide a basis for an audit opinion on the group’s audited financial statements for the year ended June 30, 2023 (FY2023) as it is unable to obtain sufficient appropriate audit evidence.

Tri-Mode System (M) Bhd has proposed to acquire three parcels of leasehold land in Pulau Indah, Klang for a total cash consideration of RM42 million.

Selangor Dredging Bhd’s wholly owned unit is buying 29.19 acres (11.81 hectares) of vacant leasehold land, together with completed earthworks, in Dengkil, Selangor for RM87.9 million from Xtra Touch Sdn Bhd.

Berjaya Land Bhd has secured a syndicated loan of US$330 million (RM1.58 billion) from a consortium of Japanese financial institutions to fund the development of the prestigious Four Seasons Resort & Private Residences in Okinawa, Japan.

Ageson Bhd’s external auditor, Jamal, Amin & Partners is unable to provide a basis for an audit opinion on the company’s audited financial statements for the 18-month financial period ended Dec 31, 2022 (FY2022) as the group has failed to provide sufficient appropriate audit evidence.