GDB unit sues KSK Land to recover RM120.69 mil owed
GDB Holdings Bhd is suing developer KSK Land Sdn Bhd to recover RM120.69 million that the builder claims is the sum it is owed by KSK Land's unit.
Stamp duty remission increases to 75% for properties priced RM500,000 to RM1 mil
The increase in remission will be effective until Dec 31, 2023, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
NCT Alliance plans to raise RM48m via private placement to fund property development activities
Property developer NCT Alliance Bhd has proposed a private placement to raise up to RM48.37 million to fund property development activities and for working capital.
First super major bridge ‘stitching’ completed along ECRL stretch
CCC-ECRL said the 3.88km Sg Kuantan Super Major Bridge crosses the C4 Highway near Kampung Padang, Pahang.
Annum secures land in Terengganu for smart farming business venture
Plywood products manufacturer Annum Bhd (formerly known as Cymao Holdings Bhd) has secured land in Setiu, Terengganu to facilitate the group’s diversification into smart farming business.
Mynews unit gets winding-up petition over rental dispute
Mynews Holdings Bhd said its subsidiary has been served with a winding-up petition over a rental dispute involving a retail lot at the Pacific Express Hotel.
MRCB buys Quill’s 39% stake in Sentral REIT manager
Sentral REIT did not specify how much builder and property developer MRCB will pay for QRH's 39% stake in SRM.
Tropicana and Marriott join hands to open new hotel in Langkawi
Tropicana Corp Bhd has signed a hotel management agreement with Marriott International to build a 270-key five-star hotel at its mixed development in Langkawi, Tropicana Cenang
EPF investing in development of pre-leased logistics hub in Klang
The fund said the hub will be located on 27 acres of freehold land and equipped with the Automated Storage and Retrieval System (ASRS) technology, providing increased efficiency and flexibility for tenants.
Majuperak inks MOU to develop 857.75 acres of land in Perak into strategic assets
Majuperak Holdings Bhd (MHB) proposed to collaborate with its 55%-shareholder Perbadanan Kemajuan Negeri Perak (PKNPk) to jointly develop assets on several land banks measuring 857.75 acres in Perak.
