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PropNex Malaysia is aiming to generate RM60 million in sales at its upcoming Property XPO 2025, set to take place on July 26 and 27 at Connexion Conference & Event Centre (CCEC)

MGB Bhd proposes to settle RM7.23 million with joint venture partner Aset AZG Sdn Bhd (AASB) to kick start a serviced apartment project in Cameron Highlands which has been on the back burner for six years.

Noteworthy:

• Freehold
• Built-up size: 130,684 sq ft
• Nearby amenities: Klang Parade, NSK, Shah Alam Community Forest Trail, Fairy Park Klang, SMK Meru
• Accessibility: New Klang Valley Expressway (NKVE), Shahpadu Highway, Federal Highway

When: February 2025

The bank filed the suit in February, and had on April 18 applied to amend its statement of claim to include Kee’s estate.

The property spans 2,444 sq m and has a freehold land tenure.

The company is also seeking a restraining order to prevent legal action being taken against the company “to allow the company the necessary breathing space" to come out with the scheme of arrangement. 

The High Court at the same time dismissed Damai City’s application to set aside and stay the adjudication award.

WCE said the term loan facility will be used to part-finance costs and expenses associated with the West Coast Expressway project.

Astino’s wholly-owned unit Astino (M) Colour Steel Sheets Sdn Bhd inked a sale and purchase agreement with various vendors for the deal.