News about myedgeprop

Avaland Bhd chief executive officer Teh Heng Chong: In the past, the (MCT) founder was just doing too many things – from property development to construction, cinemas, hotels, etc.

DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur DONE DEAL: Terrace house, Bandar Mahkota Cheras, Selangor Bukit Damansara or Damansara Heights, situated approximately 5km west of Kuala Lumpur’s city centre, is an affluent suburb in Malaysia.

“My mission is to foster collaboration and create opportunities for developers and investors across borders.

“I chair meetings about the programme every month and now I am seeing a bit of surge in the number of people wanting to participate in the programme, which is good.

“The overall duration of the project shall be 15 months from July 15, 2023.

Contract for the building and related infrastructure works of an 18-storey serviced apartment and retail complex in Shah Alam, Selangor.

“He has more than 30 years of experience in the oil and gas (O&G) industry with Shell, Petronas and Sapura Energy in various technical, commercial, and leadership positions covering upstream regulatory functions, exploration and production, refinery, gas and liquified natural gas (LNG), downstream marketing commercial functions, and integrated service company with national, regional and global coverage.

RHB’s Loong Kok Wen said she expects its investment properties to drive earnings slightly in the coming quarters, premised on higher occupancy rates.

The Kuala Lumpur-based company has raised RM320 million through its IPO, making it the third-largest listing exercise on Bursa in 2023 so far.

A subsidiary of Ayala Land Inc which bought a majority stake in the company in 2018, Avaland has since undergone a comprehensive organisational restructuring exercise and refocused its core business on property development.