News by M

Prime Minister Datuk Seri Anwar Ibrahim has pledged to resolve the long-standing issue of providing housing sites for the second generation of Felda settlers.

Radium Development Bhd (KL:RADIUM) managing director and major shareholder Gan Kah Siong’s brother, Tan Sri Gan Yu Chai, has emerged as a substantial shareholder of the property developer.

Prime Minister Datuk Seri Anwar Ibrahim (pictured) on Saturday criticised "certain parties" that frequently champion Malay supremacy, while at the same time allowing Malay reserve land to fall into the hands of others.

OCR Group Bhd has launched D’Templer Hilltop Residences, a landed residential development in Templer, Rawang with a potential gross development value (GDV) of RM344 million, and separately signed a memorandum of understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to explore smart sustainable living solutions for the project.

Eonmetall Group Bhd is proposing to dispose of parcels of freehold land in Kapar, Klang, for RM273,275,005 in cash, according to a circular to shareholders.

Maybulk Bhd has issued a circular to shareholders on the proposed disposal of freehold industrial land in Kapar, Klang, by its 60%-owned subsidiary MBC Logistic Hub Sdn Bhd to WG Malaysia VIII Sdn Bhd for RM278.05 million cash.

Paragon Globe Bhd has completed the disposal of a freehold land parcel in Tanjung Kupang, Johor Bahru, to GSP Automotive Malaysia Sdn Bhd for a cash consideration of RM64.47 million.

Crescendo Corp Bhd has announced that the sale and purchase agreement (SPA) for the disposal of land by its wholly-owned subsidiary Panoramic Industrial Development Sdn Bhd to Microsoft Payments (Malaysia) Sdn Bhd has become unconditional.

UEM Sunrise Bhd’s indirect wholly owned subsidiary, Aurora Tower At KLCC Sdn Bhd, has entered into a Development Rights Agreement (DRA) with Exsim KLCC Sdn Bhd for the proposed development of a 1.59-acre commercial site in Kuala Lumpur into a mixed-use project comprising a hotel, hotel residences and a retail mall, subject to the necessary approvals.

Titijaya Land Bhd (KL:TITIJYA) is gearing up for a commercial development in Likas, Kota Kinabalu, alongside ongoing progress on its purpose-built student accommodation project near Universiti Malaysia Sabah.