Suria Capital eyes property expansion


Impressive: An artist’s impression of the Jesselton Quay waterfront mixed development in Kota Kinabalu. Based on the minimum net sale value of RM1.8bil, the Jesselton Waterfront project will carry a minimum guaranteed return of at least RM324mil for Suria Capital.

PETALING JAYA: Suria Capital Holdings Bhd (SuriaCap) is looking to expand its property venture, as the main port operator in Sabah seeks a new income stream to mitigate the impact of weaker port business.

Its group chief executive officer Ng Kiat Min told StarBiz that the company would be more inclined to invest in a real estate development that could boost the state’s tourism industry and economic environment.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Suria Capital , 6521

Next In Business News

Malaysia’s auto market maintains momentum with 820,752 units sold in 2025
China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil
AirAsia X announces new leadership structure
Malaysia's total trade in 2025 tops RM3 trillion, E&E drives export growth

Others Also Read