Econpile Holdings Bhd (KL:ECONBHD) said it has been awarded a RM35.11 million contract to undertake bored piling, earthworks, and retaining wall and sub-structure works for an apartment project in Kuala Lumpur.

Noteworthy:

• Leasehold
• Built-up size: 7,233 sq ft
• Unfurnished
• Nearby amenities: MRT 16 Sierra, MRT Cyberjaya City Centre, Taylor’s International School Puchong, residential communities, small businesses, and F&B outlets
• Accessibility: Putrajaya-Cyberjaya Expressway, ELITE (Putrajaya Link), LDP, Kesas, NPE, SKVE

When: June 2024

Crescendo Corporation Bhd (KL:CRESNDO) said on Wednesday that it is buying SGR Land Development Sdn Bhd and taking on its six land purchase obligations in Johor for RM168.85 million.

LBS Bina Group Bhd (KL:LBS) officially launched its latest 315-acre township development named Rimbawan in Genting Highlands, Pahang on Tuesday (Oct 15). The township has a gross development value (GDV) of RM9.5 billion.

Henry Butcher Malaysia (Mont Kiara) Sdn Bhd (HBMK) marked its growing success with an Annual Dinner 2024 at the Majestic Hotel Kuala Lumpur.

An inheritance tax will only be a burden to the family’s heirs, and particularly stifling to lower income or middle-class children of well-to-do parents who would have to bear the possibly excessive tax they are suddenly ladened with due to the property they inherited.

Construction and property company PLB Engineering Bhd (KL:PLB) has proposed to sell its 60% stake in a solar energy firm for RM19.8 million cash to help repay its bank borrowings.

Renewable energy producer Cypark Resources Bhd (KL:CYPARK) has formed a consortium to jointly explore and develop energy solutions for the 186-hectare German Technology Park in Ayer Keroh, Melaka.

Noteworthy:

• Freehold
• Built-up size: 8,880 sq ft
• Floor level: penthouse
• 7 bedrooms, 6 bathrooms
• Semi-furnished
• Nearby amenities: 1 Mont Kiara, Sunway 163 Mall, Mont’Kiara International School, Publika Shopping Gallery, Malaysian International Trade & Exhibition Centre (MITEC)
• Accessibility: Jalan Duta-Sungai Buloh Highway, SPRINT Penchala and Kerinchi Link, NKVE, DUKE, Jalan Tuanku Abdul Halim

When: March 2024

The lawsuit filed by JL-Edison Holdings Sdn Bhd names Vizione, its managing director Datuk Ng Aun Hooi and its wholly owned subsidiary Zenith Urban Development Sdn Bhd as defendants.