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DONE DEAL: Condo, Cyberia Smarthome, Cyberjaya, Selangor DONE DEAL: Condo, Angkasa Impian, Kuala Lumpur Land use in Taman Desa Melati, Seremban, is mostly designated for landed residential properties at 82.

Shares of Inta Bina have surged over 80% so far this year amid broader rally in the construction sector fuelled by optimism of major infrastructure projects rollout by the government and private contracts to build everything from homes to data centres.

DONE DEAL: Condo, Cyberia Smarthome, Cyberjaya, Selangor DONE DEAL: Condo, Angkasa Impian, Kuala Lumpur Bukit Ceylon’s land use is pretty evenly split between commercial and residential, with 31.

The effectiveness of voicing your feedback, opinion or objection to proposed projects in your area can vary depending on a range of factors such as the specific context, level of community engagement and the nature of development, as well as the degree of responsiveness of key decision makers.

The property developer said it has authorised its chairman Tan Sri Mohd Anwar Mohd Nor to seek international tender submissions in US dollars, with Malaysian participation also welcomed, at the exchange rate of RM4.

According to AEON’s filing with Bursa Malaysia, the proposed acquisition is in line with its corporate strategy to develop its future retail business and provides the group with the opportunity to expand in Seremban.

The group said the contract period is for 23 months, and is divided into two phases, with the first phase comprising 124 units of houses and the second phase consisting of 50 units.

The project will be built in three phases, with the construction of the first phase starting in the third quarter of this year and being completed in the fourth quarter of 2025.

The construction and property development firm’s profitability was attributable to the positive impact of its wholly-owned unit Bina Puri Sdn Bhd’s (BPSB) scheme of arrangement with creditors, which usually involves taking haircuts from the amount owed.

“The proposed acquisition is in line with the group’s strategy to enhance production capacity for automotive seats and automotive cover in order to meet the growing demands of the automotive industry and allow for future expansion,” it said.