Tex Cycle to sell two factories for RM19 mil
The group is selling the two-storey and one-and-half-storey factories, located on leasehold land in Taman Perindustrian Kinrara, to Sedaya Rasmi (M) Sdn Bhd.
The group is selling the two-storey and one-and-half-storey factories, located on leasehold land in Taman Perindustrian Kinrara, to Sedaya Rasmi (M) Sdn Bhd.
The construction specialist said its wholly-owned unit Haily Construction Sdn Bhd accepted the letter of award from RDC Arkitek Sdn Bhd.
iMAZING Realty group director, Gary Lok: It will enhance our brand image to help prospective clients get a sense of what it might be like to work with us in helping them get their dream properties.
Apex Court held that the ‘threshold’ under Section 96 of Courts of Judicature Act has not been met.
If found guilty, the duo could face imprisonment of between six months and five years, with whipping, and are also liable to a fine.
The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.
The units, located under the Centralised Labour Quarter (PAPA) project @ Balakong in Seri Kembangan, will provide suitable accommodation for the group’s foreign workers, the home improvement retailer said.
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
Delapan SBEZ — of which Northern Gateway is the master developer — features a free commercial and industrial zone located at the northern end of the North-South Expressway and the Malaysia Federal Route 1, with an access to the Bukit Kayu Hitam Inland Port.
Mulia Property Development stated that Council on Tall Buildings and Urban Habitat announced an addition to the criteria for measuring the height of a building from street level in a case where the entrance of a building sits on a significant podium.