Crest Builder Holdings Bhd has secured a construction contract worth RM250.52 million from Sime Darby Property (Bukit Raja) Sdn Bhd.

LBS homeowners stand a chance to win home makeover worth RM150,000

Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.

RHB Research has turned "overweight" on the property and real estate sector, as the interest rate upcycle is expected to slow down in the first and second quarters of 2023 (1Q-2Q2023) amid lower political uncertainties.

Noteworthy:

• Freehold
• Built-up size: 5,000 sq ft
• Land size: 12,570 sq ft
• 4 bedrooms, 4 bathrooms
• Unfurnished
• Nearby amenities: Schools, convenience stores, Sunway Putra Mall, Plaza Low Yat, LRT Sentul Timur, LRT Titiwangsa
• Accessibility: Federal highway, East Klang Valley Expressway (EKVE) highway

When: November 2022

Berjaya Leisure Capital (Cayman) Ltd (BLCC) has received valid acceptances amounting to 39.43 million shares, representing a 22.23% stake, in Informatics Education Ltd (IEL) at the close of the cash offer by the Berjaya Land Bhd subsidiary.

The construction firm’s wholly owned subsidiary Sunway Construction Sdn Bhd entered into the contract with Yellowwood Properties Sdn Bhd on Dec 31, 2022.

However, the date of payment has yet to be decided.

Gamuda said these land acquisitions are synergistic to the group since they are located next to its existing 810-acre Gamuda Gardens township in north Sungai Buloh. 

The contract will span 39 months from May 5, 2023 to Aug 4, 2026.