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PETALING JAYA: Gadang Holdings Bhd’s indirect unit, Gadang Construction Sdn Bhd, has entered into an agreement with Gabungan AQRS Bhd's unit Nusvista Development Sdn Bhd to buy leasehold commercial land in Damansara Perdana in Petaling Jaya for RM55.7mil cash.
PETALING JAYA: The Mammoth Empire group failed to meet its target of divesting its Empire Shopping Gallery by the end of last month, a move that would have given the group its much-needed cash injection.
KUALA LUMPUR: Signature International Bhd has received an offer of compensation of RM79.95mil for its 13,506-sq m land in Kota Damansara, Petaling Jaya, which is being compulsorily acquired by the Selangor government to build the Damansara-Shah Alam Elevated Expressway (DASH).
PETALING JAYA: REDtone International Bhd is confident its receivables are recoverable despite alarm bells raised by its auditors in a qualified opinion for the group’s financial statements.
PETALING JAYA: Selangor is the richest state in Malaysia in terms of Gross Domestic Product (GDP), and of the many urban centres in the state, Petaling Jaya (PJ) is the most active in terms of property development. The areas that are hot on buyers’ radar is the stretch from PJ/Subang Jaya to Shah Alam, and goes west to Port Klang. This stretch is also referred to as the western corridor.