"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). 

Wong Boon Lang, chairman of Rehda Johor has stated that the state government has tried various approaches such as the enforcement of compliance and delivery of low-cost houses through the Transitional Programme to tackle the issue in the past but were not able to procure the intended result. 

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.

Noteworthy:

• Freehold

• Unfurnished 

• Built-up: 143,864 sq ft

• Land area: 5.32 acres (231,888 sq ft)

• Detached factory warehouse with three-storey office 

• Accessible via NKVE and Federal Highways 

When: December 2021 

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.

A spokesman for Causeway Link told the daily that demand is high but the Malaysian bus operator is not allowed to release more tickets, as stipulated by the government.

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.

Quarterly revenue for the quarter stood at RM15.68 million, a 142.87% increase from RM6.45 million in its second quarter for FY2022 (2QFY22).