News by M

Kedah-based property developer Eupe Corp Bhd (KL:EUPE) is acquiring a 2.46-acre (one-hectare) freehold land here for RM69.18 million, on which it will develop a high-rise residential project.

Noteworthy:

• Freehold
• Built-up size: 1,485
• Fully furnished
• 3 bedrooms, 2 bathrooms
• Nearby amenities: TERKL, KLCC Park, Petronas Twin Towers, Dataran Merdeka, LRT Masjid Jamek, Hang Tuah Monorail, Raja Chulan Monorail, Imbi Monorail, MRT Merdeka, LaLaport Bukit Bintang City Centre, Berjaya Times Square, Petaling Street, The Exchange TRX
• Accessibility: Jalan Pudu, Jalan Raja Chulan, Jalan Sultan Ismail, Jalan Imbi, Jalan Tun Razak, Federal Route 1, AKLEH, MRR2

When: January 2024

US-based manufacturer of electrical and network infrastructure Panduit Corporation announced the opening of its new state-of-the-art manufacturing facility in Johor Bahru on Wednesday.

Menang Corp (M) Bhd (KL:MENANG), a property development and management company, is venturing into healthcare by establishing a health and wellness-related development in Negeri Sembilan.

SAMA Square, a commercial development by SkyWorld Development Bhd (KL:SKYWLD), has received up to 10,000 visitors since its pre-opening on May 11. SAMA Square is located within the 42-acre SkySanctuary township in Setapak, Kuala Lumpur.

Noteworthy:

• Freehold
• Built-up size: 5,000 sq ft
• Land size: 24,400 sq ft
• Semi-furnished
• 7 bedrooms, 6 bathrooms
• Nearby amenities: DC Mall, Pavilion Damansara Heights, MRT Pusat Bandar Damansara, MRT Semantan, The Five @ KPD, Help University, F&B outlets, kindergartens, Bukit Damansara Primary School, Cempaka International School
• Accessibility: Sprint-Damansara and Kerinchi Link, LDP, Jalan Damanlela, Jalan Semantan, Jalan Tuanku Abdul Halim

When: March 2024

Former TIME dotCom Bhd (KL:TIMECOM) chief financial officer Shahnaz Farouque Jammal Ahmad has joined Malaysia Building Society Bhd (KL:MBSB) as the banking group’s new CFO.

Tuju Setia Bhd (KL:TJSETIA) said Yeong Sin Khong had become a substantial shareholder after acquiring 18.2 million shares or a 5.74% stake in the construction services group.

The High Court has ruled that the requisition notice from 10 shareholders of Kumpulan Jetson Bhd (KL:JETSON) seeking an extraordinary general meeting (EGM) to remove the directors of the construction group is invalid.

The first two towers of TRX Residences, the residential component of The Exchange TRX precinct jointly developed by Lendlease and TRX City Sdn Bhd, were completed and obtained their Strata Title ahead of CCC (Certificate of Completion and Compliance).