Tanco Holdings said the price was arrived at on a “willing buyer and willing seller” basis. The disposal, it said, would provide the group with an avenue to unlock and realise the value of the properties.
Knight Frank: This is up 12% in comparison with 2015, and up 36% from 2012.
Chances of Gamuda exceeding RM2 billion assumed new wins this year remain good.
Penang Automation Cluster Sdn Bhd is acquiring the land from state-owned Penang Development Corp, Vitrox and Pentamaster said in filings with Bursa Malaysia.
PLB Engineering Bhd is disposing of a piece of freehold agriculture land in Kulim, Kedah, to Tiong Nam Logistics Solutions Sdn Bhd for RM9.63 million.
According to local media sources, the Ministry of National Development is mulling the option of creating a new category of subletting, which involves both existing and new residential sites which are designated specifically for the purpose of short-term rentals.
Gabungan AQRS acquired the 99-year leasehold land in November 2009, at a cost of investment of RM38.29 million. The leasehold period will expire in another 91 years on May 13, 2108.
Riding on a tide of good news over the past one year, Ekovest Bhd’s market capitalisation has surged over 140% to RM2.22 billion.
Lafarge Malaysia Bhd president and CEO Thierry Legrand, said in a statement today that the company was looking forward to seeing Malaysian entries receive worldwide recognition.
The REIT's IPO exercise saw the 10.2 million units offered to the Malaysian public oversubscribed by more than five times.
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