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Sunway buys 99.6 acres in Kuang for RM65m to expand industrial park

Sunway Property, the property arm of Sunway Bhd (KL:SUNWAY), through joint-venture subsidiary Sunway Rawang City Sdn Bhd, has entered into a sale and purchase agreement to acquire approximately 99.6 acres of freehold land in Kuang, Selangor, for RM65.1 million.

Park Regent, Kuala Lumpur condo unit rented for RM26K | DONE DEAL

Noteworthy:

  • Built-up size: 2,960 sq ft
  • Floor level: High
  • 5 bedrooms, 6 bathrooms
  • Fully furnished
  • Nearby amenities: ParkCity Medical Centre, The Central Park, The Waterfront @ ParkCity, Plaza Arkadia, The International School @ ParkCity
  • Accessibility: SPRINT-Damansara and Penchala Links, LDP, DUKE Highway, Jalan Desa Kiara, Jalan Segambut

When: January 2025

CCC-ECRL disputes Advancecon's RM15.2 mil claim for ECRL works

China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) said it has "wholly disputed" an alleged outstanding payment claim of RM15.22 million made by a subsidiary of Advancecon Holdings Bhd (KL:ADVCON) in relation to the latter's works on the East Coast Rail Link (ECRL) project.