Naim Holdings said the disposal is part of its commitment to ensure long-term sustainability in its business operations in a tight property market dominated by substantial unsold properties.
This will allow the group to unlock the value of its investments in the properties, the construction and property group said in a bourse filing.
They are going to form a joint venture company to operate the RM50 billion rail that connects Kota Bharu in Kelantan to Port Klang in Selangor, based on a renegotiated contract aimed at sharing the risks of the project to reduce the financial exposure of the Malaysian government, according to Transport Minister Anthony Loke.
DONE DEAL: Bungalow, Damansara Endah, Kuala Lumpur DONE DEAL: Link bungalow, Taman OUG, Kuala Lumpur Average transacted prices for Bukit Bintang and Bukit Ceylon have decreased from RM1,400,000 in 2022 to RM1,300,000 in 2023.
Ranging between 1,986 to 2,026 sq ft with land sizes of 2,080 sq ft, Carabella units will have starting prices from RM960,000 to RM1.
The visit provided the Chinese delegation with an opportunity to look at the innovative design and high-quality construction that earned SkyAwani 3 Residences the prestigious world gold award at the FIABCI World Prix d'Excellence Awards 2024.
Malton said on Tuesday that it is acquiring 30.
The company, which is principally engaged in the designing and manufacturing of plastic extrusions, polyvinyl chloride (PVC) compounding, processing of PVC coils and trading of industrial consumables, said it had secured shareholder approval in an extraordinary general meeting.
DONE DEAL: Bungalow, Damansara Endah, Kuala Lumpur DONE DEAL: Link bungalow, Taman OUG, Kuala Lumpur Bukit Damansara has seen average transacted prices for landed residential properties drop by 16% from RM5,000,000 in 2022, to their current prices today.
Malton is buying the land for RM65 million, or RM49.
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