Damansara Realty said its wholly-owned subsidiary Metro Parking (M) Sdn Bhd, through its 70%-owned unit Metro Parking (Singapore) Pte Ltd, has received the letter of acceptance from SSC.
Rehda says it is in the midst of collecting data on these units...
Sold for: RM470,000 (RM437 psf); Concluded by: Casper Yee (REN 13384) of HASB Consultants (Selangor) Sdn Bhd (016-259 1812); When: April 2017
Sunway’s wholly-owned unit, Sunway City Sdn Bhd via Sunway Innopark Sdn Bhd signed a sales and purchase agreement with Genting Bhd’s chairman and chief executive Tan Sri Lim Kok Thay, his mother Puan Sri Lee Kim Hua and three beneficial owners today, to buy the land for RM165 million.
CapitaLand, CapitaLand Commercial Trust, Mitsubishi Estate have formed a joint venture to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.82 billion (RM5.67 billion).
At 9.21am, MPCorp rose 3.5 sen to 15.5 sen, with 325,400 shares traded.
Under the agreement, MPCorp shall hold up to 35% in the JV company while the remaining 65% will be held by Chun Fu.
Ivory, Taman Segar Management and Upper Label will work together to re-develop the project land by demolishing three existing blocks of 300 units on the land and build at least 800 units...
“The financial impact on the group is not expected to be material as [WCT] believes it has good grounds to defend and oppose the claims…”
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