NCT Alliance Bhd has entered into a conditional sale of shares agreement (SSA) to acquire a 51% equity stake in Sabah-based property developer Setara Juara Sdn Bhd for RM22 million.
IGB Commercial Real Estate Investment Trust (KL:IGBCR) and IGB Real Estate Investment Trust (KL:IGBREIT) on Wednesday announced that their chief executive officer Elizabeth Tan Hui Ning, 41, is stepping down due to medical reasons, effective immediately.
Gagasan Nadi Cergas Bhd (GNCB) (KL:NADIBHD) said it has secured an en-bloc sale of 523 affordable housing units in the City of Elmina development in Shah Alam for RM134.41 million.
Noteworthy:
When: November 2024
TSR Capital Bhd (KL:TSRCAP), a construction and property developer, has been awarded a RM219 million contract by Kwasa Land Sdn Bhd for infrastructure and water reservoir construction at the Kwasa Damansara township in Sungai Buloh, Selangor.
Video surveillance company ITMAX System Bhd (KL:ITMAX) has secured a contract
Noteworthy:
When: January 2025
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The other shareholders of Cyberview — the master developer of Cyberjaya — include Sime Darby Property Bhd (KL:SIMEPROP), with a 5.17% stake, and Permodalan Nasional Bhd, with a 2.59% stake.
Mohd Iskandar has been serving in the acting role following the departure of Tunku Rozita Tunku Abdul Malek in January.
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