SkyWorld partners Penang state agencies for massive affordable housing project targeting M40
The RM13 billion project is said to be the largest affordable housing project in Penang and Malaysia's history.
The RM13 billion project is said to be the largest affordable housing project in Penang and Malaysia's history.
The two nominees are Ng Cheng Shin and Ooi Hoot Kuang.
Launched on Jan 23, ViO Banj’ran occupies 13-acre (5.26-hectare) freehold land, and features a total of 40 three- and two-storey bungalows.
The research house raised its target price for Gamuda by RM1.15 to RM11.67, the highest among 21 covering the stock, and maintained its “buy” call.
The latest contract win is split into three phases and includes the construction of a power substation and two units of show houses.
"Kwasa Land will act as the master developer for this project."
The adjustment follows a review under the Local Government Act 1976 (Act 171), which mandates that all local councils prepare and update new valuation lists every five years.
The MOU, which was signed on Feb 2 with Solarvest and focused on developing a green industrial township within DESA 100, is now considered irrelevant due to the land sale.
SkyWorld said the stock exchange had approved its request for a trading suspension from 9am to 5pm, pursuant to Paragraph 3.1(b) of Practice Note 2 of the listing requirements.
Property developer UEM Sunrise Bhd (KL:UEMS) could emerge as a dark horse of the industry in 2025, driven by the upcoming launch of its flagship show gallery in Iskandar Puteri and anticipated disclosures on the revised Gerbang Nusajaya master plan.