Prasarana Malaysia Bhd, the operator of rail services including Light Rail Transit (LRT) networks, the KL Monorail and Mass Rapid Transit (MRT) lines, said on Wednesday it will be adding 300 new vans under its demand responsive transit (DRT) operations in the Klang Valley and Penang by June 2025.

LBS Bina Group Berhad (KL:LBS) announced that its wholly-owned subsidiary, Gerbang Mekar Sdn Bhd (GMSB) has received and filed a memorandum of appearance at the Kuala Lumpur High Court in respect to a writ and statement of claim amounting to RM43.03 million.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has started showcasing Samsung Malaysia’s Bespoke AI Home at The Camellia show unit in Gamuda Cove, Kuala Langat.

Kitchen cabinet manufacturer Signature International Bhd (KL:SIGN) is selling two parcels of freehold land within an industrial park Techpark @ Enstek Phase 2 in Negeri Sembilan for RM25.7 million cash or RM59 per sq ft.

Noteworthy:

• Freehold
• Built-up size: 4,950 sq ft
• Land size: 1,650 sq ft
• 6 bathrooms
• Fully furnished
• Nearby amenities: National Stadium Bukit Jalil, Selangor Turf Club, MRT Serdang Raya Utara, MRT Serdang Raya Selatan, MRT Serdang Jaya, Bukit Serdang Industrial Park, The Mines Shopping Mall, South City Plaza
• Accessibility: MEX, KL-Seremban Expressway, North-South Expressway, KESAS, Bukit Jalil Highway

When: April 2024

The sukuk was issued out of Paramount’s unrated Islamic medium-term notes programme of up to RM1 billion based on the shariah principle of Wakalah Bi-Al Istithmar.

“The introduction of this well-known supermarket chain is anticipated to significantly enhance the living experience not only for Se.duduk D’ Kajang residents but also for the surrounding neighbourhoods.”

The new tenants include Victor Malaysia, Infinity by DeGem, Alha Alfa, HONOR, Famous Amos, Bask Bear Coffee & Toasties, Coffee Bean & Tea Leaf, Signature Kitchen, Baseball Cage and Aplus Go Babyland.

The research house pointed that government-led catalytic developments as well as an influx of foreign and domestic direct investments will help to lift the construction, data centre, energy, petrochemicals, industrial and tourism sectors, in addition to a positive spillover to the property market.

The company did not reveal the details of the allegations, but it confirmed that three of its officers were arrested by the MACC on August 8.