SIDSB, which is developing a 1,300-acre mixed-use area in Pendas as part of Sunway City Iskandar Puteri (SCIP), lodged the programme with the Securities Commission of Malaysia.
The property developer said it has entered into a sale and purchase agreement with Magna Tiara Development Sdn Bhd to acquire the building—called Southbank Block 6—measuring 4,039 sq m, at RM678.
On Thursday, an eviction operation in Kampung Sungai Baru turned chaotic, leaving Dang Wangi police chief Sulizmie Affendy Sulaiman bloodied as he was reportedly struck by a flying object as authorities blocked villagers from re-entering their own neighbourhood.
The MyDeco Financing scheme is available in both conventional and Islamic financing, with funds disbursed progressively over a 12-month period.
Phase 1 will see BYD as the anchor investor at KLK TechPark with a 150-acre facility.
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.
“The proposed disposal consideration for the 49% stake to Choo Peng Hung has not been finalised and remains subject to ongoing negotiations,” the company said, adding that the final terms including the disposal price will be set out in a definitive agreement between the parties.
In a filing with Bursa Malaysia, Gamuda said the provisional tender result was announced by Singapore’s Housing and Development Board (HDB) after the tender closed on Thursday.
Located within the Kota Kemuning industrial estate and in close proximity to the group’s existing facilities, Unique Fire said the land is expected to enhance operational efficiency and improve coordination of resources once developed.
Proceeds from the debt notes to be issued under the programme will finance the REIT’s investment activities, refinance maturing sukuk wakalah under the programme, and fund requisite deposit in a sukuk trustee reimbursement account.
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