News by TheEdgeMarkets.com

With the approval, HIL Industries will partner Unik Sejati Sdn Bhd, Pembinaan Kesentosaan Sdn Bhd and Amverton Carey Golf & Island Resort Sdn Bhd to develop residential developments with an estimated gross development value (GDV) of RM471.1 million on 40.9 hectares land in Selangor.

The jobs, involving Package S1-1, Section 1 (Project S1-1) and Project S1-2, were awarded to its wholly-owned Nestcon Infra Sdn Bhd by China Communications Construction (ECRL) Sdn Bhd, Nestcon’s filing with Bursa Malaysia showed

"Setia City Healthcare is incorporated under the Companies Act 2016 as a private company limited by shares with an issued and paid-up share capital of RM100 comprising 100 ordinary shares," S P Setia said in a Bursa Malaysia filing on Wednesday.

"We have been quite aggressive in terms of acquiring land during the economic downturn; it is a good opportunity to acquire good assets. For example, during the economic downturn in 2007, we acquired 50% of the Citibank building and the land which Hap Seng 2 is sitting on, that was formerly owned by E&O," he said in a media conference on Wednesday (Jan 12). 

Lim, 64, who currently holds 162.21 million direct shares in the group, resigned in view of his other commitments, according to a bourse filing. Lim had acquired the shares in Tropicana in October 2017 from Tan Sri Danny Tan Chee Sing and his two related companies, Golden Diversity Sdn Bhd and Aliran Firasat Sdn Bhd.

In terms of opportunities this year, Foo noted that sectors such as data centres, workers’ accommodation, retirement living, health and wellness living and last mile delivery centres are areas to look at.

In a statement on Tuesday, Housing Minister Datuk Seri Reezal Merican Naina Merican said the appointment is a strategic initiative aimed at obtaining the views and suggestions of the stakeholders of the housing sector from various backgrounds including former senior government officials, academics, professionals, researchers, legal experts, developers, home buyers’ associations, bankers and representatives of the Malaysian Youth Council.

According to a statement on Jan 10 (Monday), the RM350 million medical centre — known as Sunway Medical Centre Ipoh — will have 200 beds and it will open in 2024 to cater for the city’s growing population and serve the increased demand for tertiary medical care through a comprehensive cancer centre by focusing on women’s health and wellness lifestyle medicine.

The land, belonging to Hartanah Idaman (M) Sdn Bhd, is located within walking distance of the IOI Puchong Jaya LRT station and IOI Shopping Mall, the property developer said in a filing with Bursa Malaysia.

Spanning over 85,000 sq ft and comprising a fresh food section, dry grocery area, wholesale section and a deli, NSK Grocer is the first-of-its-kind concept of modernising a traditional market setting furnished with a comfortable and pristine environment.